Simple interest on Rs. 1242000 for 2 years at 35% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 1242000 for 2 years at 35% per annum is

A. Rs. 869600

B. Rs. 869200

C. Rs. 869800

D. Rs. 869400

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (1242000 × 35 × 2)/100 = 869400.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

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

Practice More Simple Interest Questions

Question #1

Time for Rs. 448000 at 13% to amount Rs. 627200

A. 4 years

B. 6 years

C. 3 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 179200. T = (179200 * 100)/(448000 * 13) = 4 years.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 2583000 amounts to Rs. 3357900 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 774900. R = (774900 × 100)/(2583000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 13759200 interest in 9 years at 34% SI is

A. Rs. 4498000

B. Rs. 4499000

C. Rs. 4501000

D. Rs. 4500000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (13759200 × 100)/(34 × 9) = 4500000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs