SI on Rs. 45500 for 2 years at 12% MCQ with Answer and Explanation

Question

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SI on Rs. 45500 for 2 years at 12%

A. Rs. 11120

B. Rs. 10920

C. Rs. 10720

D. Rs. 11320

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (45500 * 12 * 2)/100 = 10920.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 36000 amounts to Rs. 50400 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 = 14400. R = (14400 × 100)/(36000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 24985 amounts to Rs. 49970 in 10 years at simple interest. Rate is

A. 9%

B. 12%

C. 10%

D. 13%

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Correct Answer: Option C

Explanation:
SI = 24985. R = (24985 * 100)/(24985 * 10) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 63000 interest in 7 years at 9% SI is

A. Rs. 101000

B. Rs. 98000

C. Rs. 100000

D. Rs. 99000

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Correct Answer: Option C

Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest

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