Simple interest on Rs. 819000 for 3 years at 23% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 819000 for 3 years at 23% per annum is

A. Rs. 564610

B. Rs. 564810

C. Rs. 565010

D. Rs. 565210

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (819000 × 23 × 3)/100 = 564810.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 17582400 interest in 8 years at 47% SI is

A. Rs. 4671000

B. Rs. 4670000

C. Rs. 4669000

D. Rs. 4668000

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Correct Answer: Option B

Explanation:
P = (17582400 × 100)/(47 × 8) = 4670000.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3186000 amount to Rs. 4460400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1274400. T = (1274400 × 100)/(3186000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1008000 amounts to Rs. 1310400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 302400. R = (302400 × 100)/(1008000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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