Simple interest on Rs. 90000 for 3 years at 7% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 90000 for 3 years at 7% per annum is

A. Rs. 19300

B. Rs. 18700

C. Rs. 18900

D. Rs. 19100

Answer: Option C

SI = (90000 × 7 × 3)/100 = 18900.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The principal that gives Rs. 9514800 interest in 8 years at 32% SI is

A. Rs. 3710500

B. Rs. 3713500

C. Rs. 3712500

D. Rs. 3711500

Correct Answer: Option C

Explanation:
P = (9514800 × 100)/(32 × 8) = 3712500.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 144000 for 3 years at 10% per annum is

A. Rs. 43200

B. Rs. 43600

C. Rs. 43000

D. Rs. 43400

Correct Answer: Option A

Explanation:
SI = (144000 × 10 × 3)/100 = 43200.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 3798000 amounts to Rs. 4937400 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

Correct Answer: Option B

Explanation:
SI = 1139400. R = (1139400 × 100)/(3798000 × 3) = 10%.

This question belongs to: Maths Simple Interest