Simple interest on Rs. 1449000 for 3 years at 37% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1449000 for 3 years at 37% per annum is
A. Rs. 1607970
B. Rs. 1608370
C. Rs. 1607770
D. Rs. 1608170
Answer: Option A
Solution (By JKExamLibrary)
SI = (1449000 × 37 × 3)/100 = 1607970.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 140400. R = (140400 × 100)/(468000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Simple interest on Rs. 189000 for 3 years at 9% per annum is
A. Rs. 51430
B. Rs. 51230
C. Rs. 51030
D. Rs. 50830

Correct Answer: Option C


Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Years for Rs. 42000 at 7% to give Rs. 11760 interest
A. 4 years
B. 6 years
C. 5 years
D. 3 years

Correct Answer: Option A


Explanation:
T = (11760 * 100)/(42000 * 7) = 4 years.

This question belongs to: Maths Simple Interest