Simple interest on Rs. 144000 for 2 years at 9% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 144000 for 2 years at 9% per annum is
A. Rs. 26320
B. Rs. 25720
C. Rs. 25920
D. Rs. 26120
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = (144000 × 9 × 2)/100 = 25920.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 3969000 for 3 years at 93% per annum is
A. Rs. 11076590
B. Rs. 11076390
C. Rs. 11076790
D. Rs. 11076190

Correct Answer: Option B


Explanation:
SI = (3969000 × 93 × 3)/100 = 11076390.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 1413000 amounts to Rs. 1836900 in 3 years is
A. 9%
B. 10%
C. 12%
D. 8%

Correct Answer: Option B


Explanation:
SI = 423900. R = (423900 × 100)/(1413000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Time for Rs. 392000 at 12% to amount Rs. 548800
A. 5 years
B. 4 years
C. 6 years
D. 3 years

Correct Answer: Option B


Explanation:
SI = 156800. T = (156800 * 100)/(392000 * 12) = 4 years.

This question belongs to: Maths Simple Interest