Simple interest on Rs. 828000 for 3 years at 26% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 828000 for 3 years at 26% per annum is

A. Rs. 645840

B. Rs. 645640

C. Rs. 646240

D. Rs. 646040

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (828000 × 26 × 3)/100 = 645840.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Years for Rs. 154000 at 5% to give Rs. 46200 interest

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option B

Explanation:
T = (46200 * 100)/(154000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 36000

B. Rs. 34000

C. Rs. 37000

D. Rs. 35000

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Correct Answer: Option A

Explanation:
SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 837000 for 2 years at 29% per annum is

A. Rs. 485860

B. Rs. 485660

C. Rs. 485460

D. Rs. 485260

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Correct Answer: Option C

Explanation:
SI = (837000 × 29 × 2)/100 = 485460.

This question belongs to: Maths Simple Interest

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