Simple interest on Rs. 999000 for 3 years at 27% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 999000 for 3 years at 27% per annum is

A. Rs. 809390

B. Rs. 809590

C. Rs. 809190

D. Rs. 808990

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3762000 for 2 years at 91% per annum is

A. Rs. 6847240

B. Rs. 6846640

C. Rs. 6847040

D. Rs. 6846840

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Correct Answer: Option D

Explanation:
SI = (3762000 × 91 × 2)/100 = 6846840.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 20800 for 8 years at 12% per annum is

A. Rs. 20168

B. Rs. 19768

C. Rs. 19968

D. Rs. 20368

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Correct Answer: Option C

Explanation:
SI = (20800 × 12 × 8)/100 = 19968.

This question belongs to: Maths Simple Interest

Question #3

At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years?

A. 5%

B. 8%

C. 6%

D. 4%

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Correct Answer: Option A

Explanation:
SI = 1500. R = (1500 × 100)/(7500 × 4) = 5%.

This question belongs to: Maths Simple Interest

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