Simple interest on Rs. 117000 for 2 years at 9% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 117000 for 2 years at 9% per annum is

A. Rs. 21260

B. Rs. 20860

C. Rs. 21060

D. Rs. 21460

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (117000 × 9 × 2)/100 = 21060.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4509000 for 3 years at 105% per annum is

A. Rs. 14203150

B. Rs. 14203350

C. Rs. 14203550

D. Rs. 14203750

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Correct Answer: Option B

Explanation:
SI = (4509000 × 105 × 3)/100 = 14203350.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 385000 to Rs. 500500 in 3 years SI

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 115500. R = (115500 * 100)/(385000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 32032 interest in 8 years at 9% SI is

A. Rs. 45290

B. Rs. 44490

C. Rs. 43490

D. Rs. 43990

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Correct Answer: Option B

Explanation:
P = (32032 * 100)/(9 * 8) = 44490.

This question belongs to: Maths Simple Interest

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