Simple interest on Rs. 549000 for 3 years at 17% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 549000 for 3 years at 17% per annum is

A. Rs. 280390

B. Rs. 279990

C. Rs. 279790

D. Rs. 280190

Answer: Option B

Solution (By JKExamLibrary)

SI = (549000 × 17 × 3)/100 = 279990.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 864000 for 3 years at 27% per annum is

A. Rs. 700240

B. Rs. 699640

C. Rs. 699840

D. Rs. 700040

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Correct Answer: Option C

Explanation:
SI = (864000 × 27 × 3)/100 = 699840.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 414000 amounts to Rs. 579600 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 165600. R = (165600 × 100)/(414000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Time for Rs. 105000 at 8% to amount Rs. 147000

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 42000. T = (42000 * 100)/(105000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

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