Simple interest on Rs. 1269000 for 3 years at 33% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1269000 for 3 years at 33% per annum is

A. Rs. 1256510

B. Rs. 1256710

C. Rs. 1256110

D. Rs. 1256310

Answer: Option D

Solution (By JKExamLibrary)

SI = (1269000 × 33 × 3)/100 = 1256310.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4554000 for 3 years at 106% per annum is

A. Rs. 14482000

B. Rs. 14482400

C. Rs. 14482600

D. Rs. 14482200

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Correct Answer: Option D

Explanation:
SI = (4554000 × 106 × 3)/100 = 14482200.

This question belongs to: Maths Simple Interest

Question #2

Rate percent when Rs. 30000 becomes Rs. 39000 in 3 years SI

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 9000. R = (9000 * 100)/(30000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 3528000 interest in 9 years at 18% SI is

A. Rs. 2175778

B. Rs. 2177778

C. Rs. 2176778

D. Rs. 2178778

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Correct Answer: Option B

Explanation:
P = (3528000 × 100)/(18 × 9) = 2177778 approx adjusted.

This question belongs to: Maths Simple Interest

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