Simple interest on Rs. 3969000 for 3 years at 93% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3969000 for 3 years at 93% per annum is

A. Rs. 11076590

B. Rs. 11076390

C. Rs. 11076190

D. Rs. 11076790

Answer: Option B

Solution (By JKExamLibrary)

SI = (3969000 × 93 × 3)/100 = 11076390.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 81000 for 2 years at 9% per annum is

A. Rs. 14580

B. Rs. 14380

C. Rs. 14780

D. Rs. 14980

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Correct Answer: Option A

Explanation:
SI = (81000 × 9 × 2)/100 = 14580.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 60000

B. Rs. 61000

C. Rs. 59000

D. Rs. 58000

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Correct Answer: Option A

Explanation:
P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 31500 interest in 5 years at 9% SI is

A. Rs. 70000

B. Rs. 71000

C. Rs. 68000

D. Rs. 69000

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Correct Answer: Option A

Explanation:
P = (31500 × 100)/(9 × 5) = 70000.

This question belongs to: Maths Simple Interest

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