Simple interest on Rs. 936000 for 3 years at 29% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 936000 for 3 years at 29% per annum is

A. Rs. 814720

B. Rs. 814120

C. Rs. 814320

D. Rs. 814520

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (936000 × 29 × 3)/100 = 814320.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The sum giving Rs. 25200 SI in 7 years at 8%

A. Rs. 44000

B. Rs. 45000

C. Rs. 43000

D. Rs. 46000

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Correct Answer: Option B

Explanation:
P = (25200 * 100)/(8 * 7) = 45000.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 88200 SI in 6 years at 11%

A. Rs. 133636

B. Rs. 134636

C. Rs. 131636

D. Rs. 132636

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Correct Answer: Option A

Explanation:
P = (88200 * 100)/(11 * 6) = 133636 approx adjusted 133000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2500 for 4 years at 9% per annum is

A. Rs. 900

B. Rs. 1000

C. Rs. 800

D. Rs. 750

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Correct Answer: Option A

Explanation:
SI = (2500 × 9 × 4)/100 = 900.

This question belongs to: Maths Simple Interest

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