Simple interest on Rs. 2349000 for 3 years at 57% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2349000 for 3 years at 57% per annum is

A. Rs. 4016430

B. Rs. 4016230

C. Rs. 4016830

D. Rs. 4016630

Answer: Option A

Solution (By JKExamLibrary)

SI = (2349000 × 57 × 3)/100 = 4016430.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 684000 for 3 years at 22% per annum is

A. Rs. 451840

B. Rs. 451240

C. Rs. 451640

D. Rs. 451440

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Correct Answer: Option D

Explanation:
SI = (684000 × 22 × 3)/100 = 451440.

This question belongs to: Maths Simple Interest

Question #2

SI on Rs. 42000 for 2 years at 5%

A. Rs. 4600

B. Rs. 4400

C. Rs. 4000

D. Rs. 4200

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Correct Answer: Option D

Explanation:
SI = (42000 * 5 * 2)/100 = 4200.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 464400. R = (464400 × 100)/(1548000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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