Simple interest on Rs. 18841 for 10 years at 9% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 18841 for 10 years at 9% per annum is
A. Rs. 17456
B. Rs. 17156
C. Rs. 16956
D. Rs. 16806
Answer: Option C
Solution (By JKExamLibrary)
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
A sum of Rs. 3465000 amounts to Rs. 4851000 in 4 years at simple interest. The rate is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1386000. R = (1386000 × 100)/(3465000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
The rate at which Rs. 2898000 amounts to Rs. 3767400 in 3 years is
A. 10%
B. 12%
C. 9%
D. 8%

Correct Answer: Option A


Explanation:
SI = 869400. R = (869400 × 100)/(2898000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Simple interest on Rs. 999000 for 3 years at 27% per annum is
A. Rs. 809590
B. Rs. 809190
C. Rs. 808990
D. Rs. 809390

Correct Answer: Option B


Explanation:
SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest