Simple interest on Rs. 3429000 for 3 years at 81% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 3429000 for 3 years at 81% per annum is

A. Rs. 8333470

B. Rs. 8333270

C. Rs. 8332870

D. Rs. 8333070

Answer: Option D

Solution (By JKExamLibrary)

SI = (3429000 × 81 × 3)/100 = 8333070.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3960000 amounts to Rs. 5544000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1584000. R = (1584000 × 100)/(3960000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Time for Rs. 45000 at 8% to amount Rs. 63000

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 18000. T = (18000 * 100)/(45000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Rate for Rs. 133000 to Rs. 172900 in 4 years SI

A. 9%

B. 8%

C. 6%

D. 7.5%

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Correct Answer: Option D

Explanation:
SI = 39900. R = (39900 * 100)/(133000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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