Simple interest on Rs. 4239000 for 3 years at 99% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4239000 for 3 years at 99% per annum is

A. Rs. 12595930

B. Rs. 12596330

C. Rs. 12596530

D. Rs. 12596130

Answer: Option D

Solution (By JKExamLibrary)

SI = (4239000 × 99 × 3)/100 = 12596130.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

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In how many years will Rs. 45000 amount to Rs. 63000 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 18000. T = (18000 × 100)/(45000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 4233600 interest in 9 years at 19% SI is

A. Rs. 2479000

B. Rs. 2478000

C. Rs. 2480000

D. Rs. 2481000

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Correct Answer: Option C

Explanation:
P = (4233600 × 100)/(19 × 9) = 2480000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 549000 for 2 years at 21% per annum is

A. Rs. 230980

B. Rs. 230580

C. Rs. 230380

D. Rs. 230780

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Correct Answer: Option B

Explanation:
SI = (549000 × 21 × 2)/100 = 230580.

This question belongs to: Maths Simple Interest

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