Simple interest on Rs. 369000 for 3 years at 13% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 369000 for 3 years at 13% per annum is

A. Rs. 144310

B. Rs. 143910

C. Rs. 143710

D. Rs. 144110

Answer: Option B

SI = (369000 × 13 × 3)/100 = 143910.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 3060000 amounts to Rs. 4284000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

Correct Answer: Option B

Explanation:
SI = 1224000. R = (1224000 × 100)/(3060000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 3186000 amount to Rs. 4460400 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

Correct Answer: Option A

Explanation:
SI = 1274400. T = (1274400 × 100)/(3186000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Rate for Rs. 161000 to Rs. 209300 in 3 years SI

A. 8%

B. 9%

C. 10%

D. 12%

Correct Answer: Option C

Explanation:
SI = 48300. R = (48300 * 100)/(161000 * 3) = 10%.

This question belongs to: Maths Simple Interest