Simple interest on Rs. 972000 for 3 years at 30% per annum is MCQ with Answer and Explanation

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

A. Rs. 874600

B. Rs. 874800

C. Rs. 875200

D. Rs. 875000

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (972000 × 30 × 3)/100 = 874800.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1539000 for 3 years at 39% per annum is

A. Rs. 1801170

B. Rs. 1801370

C. Rs. 1800970

D. Rs. 1801570

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Correct Answer: Option A

Explanation:
SI = (1539000 × 39 × 3)/100 = 1801170.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 277200 interest in 7 years at 9% SI is

A. Rs. 440000

B. Rs. 441000

C. Rs. 438000

D. Rs. 439000

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Correct Answer: Option A

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2997000 for 2 years at 74% per annum is

A. Rs. 4435760

B. Rs. 4435360

C. Rs. 4435560

D. Rs. 4435960

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Correct Answer: Option C

Explanation:
SI = (2997000 × 74 × 2)/100 = 4435560.

This question belongs to: Maths Simple Interest

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