Simple interest on Rs. 1197000 for 2 years at 34% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1197000 for 2 years at 34% per annum is

A. Rs. 813960

B. Rs. 814360

C. Rs. 813760

D. Rs. 814160

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1197000 × 34 × 2)/100 = 813960.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 198000 amounts to Rs. 277200 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 79200. R = (79200 × 100)/(198000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 4410000 interest in 8 years at 22% SI is

A. Rs. 2498000

B. Rs. 2501000

C. Rs. 2499000

D. Rs. 2500000

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Correct Answer: Option D

Explanation:
P = (4410000 × 100)/(22 × 8) = 2500000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1152000 for 2 years at 33% per annum is

A. Rs. 760320

B. Rs. 760520

C. Rs. 760120

D. Rs. 760720

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Correct Answer: Option A

Explanation:
SI = (1152000 × 33 × 2)/100 = 760320.

This question belongs to: Maths Simple Interest

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