Simple interest on Rs. 135000 for 3 years at 7% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 135000 for 3 years at 7% per annum is

A. Rs. 28350

B. Rs. 28150

C. Rs. 28550

D. Rs. 28750

Answer: Option A

Solution (By JKExamLibrary)

SI = (135000 × 7 × 3)/100 = 28350.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Rate for Rs. 357000 to Rs. 464100 in 3 years SI

A. 9%

B. 8%

C. 10%

D. 12%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 107100. R = (107100 * 100)/(357000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 216000 for 3 years at 10% per annum is

A. Rs. 65000

B. Rs. 64800

C. Rs. 65200

D. Rs. 64600

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = (216000 × 10 × 3)/100 = 64800.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 42000 amounts to Rs. 58800 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 16800. R = (16800 × 100)/(42000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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