Simple interest on Rs. 2934000 for 3 years at 70% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2934000 for 3 years at 70% per annum is

A. Rs. 6161200

B. Rs. 6161400

C. Rs. 6161800

D. Rs. 6161600

Answer: Option B

SI = (2934000 × 70 × 3)/100 = 6161400.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 2790000 amounts to Rs. 3906000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

Correct Answer: Option B

Explanation:
SI = 1116000. R = (1116000 × 100)/(2790000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 21202 interest in 7 years at 8% SI is

A. Rs. 38662

B. Rs. 36862

C. Rs. 37862

D. Rs. 37362

Correct Answer: Option C

Explanation:
P = (21202 * 100)/(8 * 7) = 37862.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4599000 for 3 years at 107% per annum is

A. Rs. 14768110

B. Rs. 14767910

C. Rs. 14767710

D. Rs. 14767510

Correct Answer: Option C

Explanation:
SI = (4599000 × 107 × 3)/100 = 14767710.

This question belongs to: Maths Simple Interest