Simple interest on Rs. 4509000 for 3 years at 105% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 4509000 for 3 years at 105% per annum is
A. Rs. 14203550
B. Rs. 14203350
C. Rs. 14203750
D. Rs. 14203150
Answer: Option B
Solution (By JKExamLibrary)
SI = (4509000 × 105 × 3)/100 = 14203350.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 2772000 for 2 years at 69% per annum is
A. Rs. 3825560
B. Rs. 3825760
C. Rs. 3825360
D. Rs. 3825160

Correct Answer: Option C


Explanation:
SI = (2772000 × 69 × 2)/100 = 3825360.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 1620000 amounts to Rs. 2268000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 648000. R = (648000 × 100)/(1620000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 477000 for 2 years at 19% per annum is
A. Rs. 181660
B. Rs. 181260
C. Rs. 181460
D. Rs. 181060

Correct Answer: Option B


Explanation:
SI = (477000 × 19 × 2)/100 = 181260.

This question belongs to: Maths Simple Interest