SI on Rs. 15000 for 5 years at 7% is MCQ with Answer and Explanation

Question

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SI on Rs. 15000 for 5 years at 7% is

A. Rs. 5650

B. Rs. 5250

C. Rs. 5050

D. Rs. 5450

Answer: Option B

Solution (By JKExamLibrary)

SI = (15000 * 7 * 5)/100 = 5250.

This question belongs to: Maths Simple Interest

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Question #1

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A sum at 11% SI for 4 years amounts to Rs. 41800. Principal

A. Rs. 27000

B. Rs. 29000

C. Rs. 28000

D. Rs. 26000

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Correct Answer: Option C

Explanation:
SI = 13800. P = 41800 - 13800 = 28000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3429000 for 3 years at 81% per annum is

A. Rs. 8333270

B. Rs. 8332870

C. Rs. 8333070

D. Rs. 8333470

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Correct Answer: Option C

Explanation:
SI = (3429000 × 81 × 3)/100 = 8333070.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 144000 amounts to Rs. 187200 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 43200. R = (43200 × 100)/(144000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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