SI on Rs. 73500 for 2 years at 11% MCQ with Answer and Explanation

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SI on Rs. 73500 for 2 years at 11%

A. Rs. 16170

B. Rs. 16370

C. Rs. 15970

D. Rs. 16570

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (73500 * 11 * 2)/100 = 16170.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1026000 amount to Rs. 1436400 at 8% simple interest?

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 410400. T = (410400 × 100)/(1026000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10%

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1301400 approx, R = 10%.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 387000 amount to Rs. 541800 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 154800. T = (154800 × 100)/(387000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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