Simple interest on Rs. 936000 for 3 years at 29% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 936000 for 3 years at 29% per annum is

A. Rs. 814320

B. Rs. 814720

C. Rs. 814120

D. Rs. 814520

Answer: Option A

Solution (By JKExamLibrary)

SI = (936000 × 29 × 3)/100 = 814320.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Time for Rs. 140000 at 9% to amount Rs. 196000

A. 4 years

B. 3 years

C. 6 years

D. 5 years

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 56000. T = (56000 * 100)/(140000 * 9) = 4 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 4077000 for 2 years at 98% per annum is

A. Rs. 7990720

B. Rs. 7991120

C. Rs. 7990920

D. Rs. 7991320

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (4077000 × 98 × 2)/100 = 7990920.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 63000 interest in 6 years at 7% SI is

A. Rs. 150000

B. Rs. 151000

C. Rs. 149000

D. Rs. 148000

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
P = (63000 × 100)/(7 × 6) = 150000.

This question belongs to: Maths Simple Interest

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