Simple interest on Rs. 1017000 for 2 years at 30% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1017000 for 2 years at 30% per annum is
A. Rs. 610400
B. Rs. 610600
C. Rs. 610000
D. Rs. 610200
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = (1017000 × 30 × 2)/100 = 610200.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1
A sum of Rs. 1890000 amounts to Rs. 2646000 in 4 years at simple interest. The rate is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 756000. R = (756000 × 100)/(1890000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is
A. 8%
B. 12%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 491400. R = (491400 × 100)/(1638000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2844000 for 3 years at 68% per annum is
A. Rs. 5801960
B. Rs. 5801560
C. Rs. 5802160
D. Rs. 5801760

Correct Answer: Option D


Explanation:
SI = (2844000 × 68 × 3)/100 = 5801760.

This question belongs to: Maths Simple Interest