Simple interest on Rs. 360000 for 3 years at 13% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 360000 for 3 years at 13% per annum is

A. Rs. 140600

B. Rs. 140800

C. Rs. 140200

D. Rs. 140400

Answer: Option D

Solution (By JKExamLibrary)

SI = (360000 × 13 × 3)/100 = 140400.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 3573000 amounts to Rs. 4644900 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 1071900. R = (1071900 × 100)/(3573000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 1404000 for 3 years at 36% per annum is

A. Rs. 1516320

B. Rs. 1516520

C. Rs. 1516120

D. Rs. 1516720

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (1404000 × 36 × 3)/100 = 1516320.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 2808000 amounts to Rs. 3650400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 842400. R = (842400 × 100)/(2808000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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