Simple interest on Rs. 2619000 for 3 years at 63% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 2619000 for 3 years at 63% per annum is

A. Rs. 4952290

B. Rs. 4952090

C. Rs. 4951690

D. Rs. 4951890

Answer: Option D

Solution (By JKExamLibrary)

SI = (2619000 × 63 × 3)/100 = 4951890.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal that gives Rs. 100800 interest in 8 years at 9% SI is

A. Rs. 138000

B. Rs. 139000

C. Rs. 141000

D. Rs. 140000

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Correct Answer: Option D

Explanation:
P = (100800 × 100)/(9 × 8) = 140000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 252000 interest in 6 years at 7% SI is

A. Rs. 598000

B. Rs. 601000

C. Rs. 599000

D. Rs. 600000

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Correct Answer: Option D

Explanation:
P = (252000 × 100)/(7 × 6) = 600000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 621000 amount to Rs. 869400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 248400. T = (248400 × 100)/(621000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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