Simple interest on Rs. 1089000 for 3 years at 29% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1089000 for 3 years at 29% per annum is
A. Rs. 947630
B. Rs. 947430
C. Rs. 947230
D. Rs. 947830
Answer: Option B
Solution (By JKExamLibrary)
SI = (1089000 × 29 × 3)/100 = 947430.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
The principal that gives Rs. 10306800 interest in 8 years at 34% SI is
A. Rs. 3795000
B. Rs. 3794000
C. Rs. 3796000
D. Rs. 3793000

Correct Answer: Option A


Explanation:
P = (10306800 × 100)/(34 × 8) = 3795000.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Simple interest on Rs. 2709000 for 3 years at 65% per annum is
A. Rs. 5279950
B. Rs. 5279750
C. Rs. 5279550
D. Rs. 5279350

Correct Answer: Option C


Explanation:
SI = (2709000 × 65 × 3)/100 = 5279550.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The principal that gives Rs. 14364000 interest in 9 years at 35% SI is
A. Rs. 4550000
B. Rs. 4551000
C. Rs. 4548000
D. Rs. 4549000

Correct Answer: Option A


Explanation:
P = (14364000 × 100)/(35 × 9) = 4550000.

This question belongs to: Maths Simple Interest