Simple interest on Rs. 63000 for 3 years at 9% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 63000 for 3 years at 9% per annum is

A. Rs. 16810

B. Rs. 17010

C. Rs. 17410

D. Rs. 17210

Answer: Option B

SI = (63000 × 9 × 3)/100 = 17010.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The principal that gives Rs. 9126000 interest in 9 years at 26% SI is

A. Rs. 3898000

B. Rs. 3901000

C. Rs. 3899000

D. Rs. 3900000

Correct Answer: Option D

Explanation:
P = (9126000 × 100)/(26 × 9) = 3900000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Time for Rs. 36000 at 5% to amount Rs. 46800

A. 6 years

B. 4 years

C. 7 years

D. 5 years

Correct Answer: Option A

Explanation:
SI = 10800. T = (10800 * 100)/(36000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 2205000 amounts to Rs. 3087000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

Correct Answer: Option C

Explanation:
SI = 882000. R = (882000 × 100)/(2205000 × 4) = 10%.

This question belongs to: Maths Simple Interest