Simple interest on Rs. 819000 for 3 years at 23% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 819000 for 3 years at 23% per annum is

A. Rs. 564610

B. Rs. 565010

C. Rs. 565210

D. Rs. 564810

Answer: Option D

Solution (By JKExamLibrary)

SI = (819000 × 23 × 3)/100 = 564810.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Years for Rs. 266000 at 8% to give Rs. 127680 interest

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option C

Explanation:
T = (127680 * 100)/(266000 * 8) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 1134000 interest in 8 years at 12% SI is

A. Rs. 1180000

B. Rs. 1182500

C. Rs. 1181250

D. Rs. 1178750

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Correct Answer: Option C

Explanation:
P = (1134000 × 100)/(12 × 8) = 1181250.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 81000 for 2 years at 9% per annum is

A. Rs. 14980

B. Rs. 14380

C. Rs. 14780

D. Rs. 14580

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Correct Answer: Option D

Explanation:
SI = (81000 × 9 × 2)/100 = 14580.

This question belongs to: Maths Simple Interest

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