Simple interest on Rs. 639000 for 3 years at 19% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 639000 for 3 years at 19% per annum is

A. Rs. 364230

B. Rs. 364630

C. Rs. 364030

D. Rs. 364430

Answer: Option A

Solution (By JKExamLibrary)

SI = (639000 × 19 × 3)/100 = 364230.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 3528000 interest in 9 years at 18% SI is

A. Rs. 2177778

B. Rs. 2175778

C. Rs. 2178778

D. Rs. 2176778

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Correct Answer: Option A

Explanation:
P = (3528000 × 100)/(18 × 9) = 2177778 approx adjusted.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The principal giving Rs. 571200 SI in 8 years at 13%

A. Rs. 549000

B. Rs. 550000

C. Rs. 551000

D. Rs. 548000

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Correct Answer: Option B

Explanation:
P = (571200 * 100)/(13 * 8) = 550000.

This question belongs to: Maths Simple Interest

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