Simple interest on Rs. 3789000 for 3 years at 89% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3789000 for 3 years at 89% per annum is
A. Rs. 10109530
B. Rs. 10109930
C. Rs. 10109730
D. Rs. 10110130
Answer: Option C
Solution (By JKExamLibrary)
SI = (3789000 × 89 × 3)/100 = 10109730.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 3582000 for 2 years at 87% per annum is
A. Rs. 6232480
B. Rs. 6232880
C. Rs. 6232680
D. Rs. 6233080

Correct Answer: Option C


Explanation:
SI = (3582000 × 87 × 2)/100 = 6232680.

This question belongs to: Maths Simple Interest
Question #2
SI on Rs. 129500 for 4 years at 5%
A. Rs. 25700
B. Rs. 26100
C. Rs. 25900
D. Rs. 26300

Correct Answer: Option C


Explanation:
SI = (129500 * 5 * 4)/100 = 25900.

This question belongs to: Maths Simple Interest
Question #3
The rate of interest at which Rs. 6000 gives Rs. 1200 interest in 4 years is
A. 6%
B. 8%
C. 4%
D. 5%

Correct Answer: Option D


Explanation:
R = (1200 × 100)/(6000 × 4) = 5%.

This question belongs to: Maths Simple Interest