Simple interest on Rs. 3609000 for 3 years at 85% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3609000 for 3 years at 85% per annum is

A. Rs. 9202750

B. Rs. 9203150

C. Rs. 9202950

D. Rs. 9203350

Answer: Option C

SI = (3609000 × 85 × 3)/100 = 9202950.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 1575000 amounts to Rs. 2205000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 9%

D. 10%

Correct Answer: Option D

Explanation:
SI = 630000. R = (630000 × 100)/(1575000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum at 6% SI for 8 years amounts to Rs. 201600. Principal

A. Rs. 124000

B. Rs. 125000

C. Rs. 126000

D. Rs. 127000

Correct Answer: Option C

Explanation:
SI = 75600. P = 201600 - 75600 = 126000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 3564000 for 3 years at 84% per annum is

A. Rs. 8982920

B. Rs. 8983120

C. Rs. 8982520

D. Rs. 8982720

Correct Answer: Option D

Explanation:
SI = (3564000 × 84 × 3)/100 = 8982720.

This question belongs to: Maths Simple Interest