Simple interest on Rs. 729000 for 3 years at 21% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 729000 for 3 years at 21% per annum is

A. Rs. 459670

B. Rs. 459270

C. Rs. 459070

D. Rs. 459470

Answer: Option B

Solution (By JKExamLibrary)

SI = (729000 × 21 × 3)/100 = 459270.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 206500 for 3 years at 16%

A. Rs. 99240

B. Rs. 99040

C. Rs. 98840

D. Rs. 99440

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Correct Answer: Option B

Explanation:
SI = (206500 * 16 * 3)/100 = 99040.

This question belongs to: Maths Simple Interest

Question #2

Principal that amounts to Rs. 37800 in 6 years at 5% SI

A. Rs. 25200

B. Rs. 26200

C. Rs. 23200

D. Rs. 24200

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Correct Answer: Option A

Explanation:
SI = 12600. P = 37800 - 12600 = 25200.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 12412800 interest in 8 years at 38% SI is

A. Rs. 4079000

B. Rs. 4080000

C. Rs. 4078000

D. Rs. 4081000

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Correct Answer: Option B

Explanation:
P = (12412800 × 100)/(38 × 8) = 4080000.

This question belongs to: Maths Simple Interest

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