Simple interest on Rs. 50000 for 3 years at 9% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 50000 for 3 years at 9% per annum is

A. Rs. 13700

B. Rs. 13900

C. Rs. 13500

D. Rs. 13300

Answer: Option C

SI = (50000 × 9 × 3)/100 = 13500.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 2475000 amounts to Rs. 3465000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

Correct Answer: Option D

Explanation:
SI = 990000. R = (990000 × 100)/(2475000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Rate when Rs. 203000 amounts to Rs. 263900 in 3 years

A. 9%

B. 12%

C. 10%

D. 8%

Correct Answer: Option C

Explanation:
SI = 60900. R = (60900 * 100)/(203000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 3825000 amounts to Rs. 5355000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

Correct Answer: Option A

Explanation:
SI = 1530000. R = (1530000 × 100)/(3825000 × 4) = 10%.

This question belongs to: Maths Simple Interest