Simple interest on Rs. 1809000 for 3 years at 45% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 1809000 for 3 years at 45% per annum is

A. Rs. 2442350

B. Rs. 2442150

C. Rs. 2441950

D. Rs. 2442550

Answer: Option B

Solution (By JKExamLibrary)

SI = (1809000 × 45 × 3)/100 = 2442150.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2412000 for 2 years at 61% per annum is

A. Rs. 2943040

B. Rs. 2942440

C. Rs. 2942640

D. Rs. 2942840

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (2412000 × 61 × 2)/100 = 2942640.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1395000 amounts to Rs. 1953000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 558000. R = (558000 × 100)/(1395000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 657000 for 2 years at 24% per annum is

A. Rs. 315560

B. Rs. 315360

C. Rs. 315760

D. Rs. 315160

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (657000 × 24 × 2)/100 = 315360.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs