Simple interest on Rs. 90000 for 3 years at 7% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 90000 for 3 years at 7% per annum is

A. Rs. 18700

B. Rs. 19100

C. Rs. 19300

D. Rs. 18900

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (90000 × 7 × 3)/100 = 18900.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

Simple interest on Rs. 1629000 for 3 years at 41% per annum is

A. Rs. 2003470

B. Rs. 2003270

C. Rs. 2003070

D. Rs. 2002870

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (1629000 × 41 × 3)/100 = 2003070.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Simple interest on Rs. 1062000 for 2 years at 31% per annum is

A. Rs. 658840

B. Rs. 658640

C. Rs. 658440

D. Rs. 658240

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (1062000 × 31 × 2)/100 = 658440.

This question belongs to: Maths Simple Interest

Question #3

Share Report

A sum of Rs. 3870000 amounts to Rs. 5418000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1548000. R = (1548000 × 100)/(3870000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs