Simple interest on Rs. 1602000 for 2 years at 43% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 1602000 for 2 years at 43% per annum is

A. Rs. 1377720

B. Rs. 1377920

C. Rs. 1377520

D. Rs. 1378120

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1602000 × 43 × 2)/100 = 1377720.

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

The rate at which Rs. 648000 amounts to Rs. 842400 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 194400. R = (194400 × 100)/(648000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 945000 amounts to Rs. 1323000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 378000. R = (378000 × 100)/(945000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 729000 for 3 years at 21% per annum is

A. Rs. 459670

B. Rs. 459270

C. Rs. 459470

D. Rs. 459070

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (729000 × 21 × 3)/100 = 459270.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs