SI on Rs. 269500 for 2 years at 21% MCQ with Answer and Explanation

Question

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SI on Rs. 269500 for 2 years at 21%

A. Rs. 113590

B. Rs. 112990

C. Rs. 113390

D. Rs. 113190

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (269500 * 21 * 2)/100 = 113190.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 248500 for 4 years at 8%

A. Rs. 79720

B. Rs. 79520

C. Rs. 79320

D. Rs. 79920

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Correct Answer: Option B

Explanation:
SI = (248500 * 8 * 4)/100 = 79520.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 765000 amounts to Rs. 1071000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 306000. R = (306000 × 100)/(765000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Rate for Rs. 189000 to Rs. 245700 in 3 years SI

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 56700. R = (56700 * 100)/(189000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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