Simple interest on Rs. 954000 for 3 years at 26% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 954000 for 3 years at 26% per annum is

A. Rs. 743440

B. Rs. 744040

C. Rs. 743840

D. Rs. 743640

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (954000 × 26 × 3)/100 = 743640.

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

The rate at which Rs. 60000 amounts to Rs. 78000 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 18000. R = (18000 × 100)/(60000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 1386000 amount to Rs. 1940400 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 554400. T = (554400 × 100)/(1386000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 143500 for 2 years at 14%

A. Rs. 40380

B. Rs. 39980

C. Rs. 40580

D. Rs. 40180

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (143500 * 14 * 2)/100 = 40180.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs