Simple interest on Rs. 4419000 for 3 years at 103% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 4419000 for 3 years at 103% per annum is

A. Rs. 13666410

B. Rs. 13666610

C. Rs. 13666810

D. Rs. 13666210

Answer: Option A

Solution (By JKExamLibrary)

SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Rate for Rs. 112000 to Rs. 145600 in 4 years SI

A. 9%

B. 6%

C. 7.5%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 33600. R = (33600 * 100)/(112000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Time for Rs. 252000 at 9% to amount Rs. 352800

A. 6 years

B. 4 years

C. 7 years

D. 5 years

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 100800. T = (100800 * 100)/(252000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

At what rate will Rs. 28000 amount to Rs. 36400 in 5 years?

A. 6%

B. 7%

C. 5%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 8400. R = (8400 × 100)/(28000 × 5) = 6%.

This question belongs to: Maths Simple Interest

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