Simple interest on Rs. 153000 for 3 years at 8% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 153000 for 3 years at 8% per annum is

A. Rs. 36920

B. Rs. 36720

C. Rs. 36520

D. Rs. 37120

Answer: Option B

Solution (By JKExamLibrary)

SI = (153000 × 8 × 3)/100 = 36720.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358560

B. Rs. 358760

C. Rs. 358960

D. Rs. 358360

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Correct Answer: Option A

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 20133 for 2 years at 7% per annum is

A. Rs. 3318

B. Rs. 3018

C. Rs. 2668

D. Rs. 2818

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = (20133 * 7 * 2)/100 = 2818.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 585000 amounts to Rs. 819000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 234000. R = (234000 × 100)/(585000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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