Simple interest on Rs. 909000 for 3 years at 25% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 909000 for 3 years at 25% per annum is

A. Rs. 682150

B. Rs. 681750

C. Rs. 681950

D. Rs. 681550

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (909000 × 25 × 3)/100 = 681750.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 66500 for 3 years at 9%

A. Rs. 18155

B. Rs. 17955

C. Rs. 18355

D. Rs. 17755

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Correct Answer: Option B

Explanation:
SI = (66500 * 9 * 3)/100 = 17955.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1890000 amounts to Rs. 2646000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 756000. R = (756000 × 100)/(1890000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 972000 for 3 years at 30% per annum is

A. Rs. 874600

B. Rs. 875200

C. Rs. 874800

D. Rs. 875000

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Correct Answer: Option C

Explanation:
SI = (972000 × 30 × 3)/100 = 874800.

This question belongs to: Maths Simple Interest

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