Simple interest on Rs. 1377000 for 2 years at 38% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 1377000 for 2 years at 38% per annum is

A. Rs. 1046520

B. Rs. 1046920

C. Rs. 1046720

D. Rs. 1046320

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1377000 × 38 × 2)/100 = 1046520.

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

A sum at 5% SI for 7 years amounts to Rs. 46200. Principal

A. Rs. 33000

B. Rs. 32000

C. Rs. 34000

D. Rs. 31000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 13200. P = 46200 - 13200 = 33000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 113400 interest in 9 years at 7% SI is

A. Rs. 179000

B. Rs. 178000

C. Rs. 180000

D. Rs. 181000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (113400 × 100)/(7 × 9) = 180000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs