Simple interest on Rs. 162000 for 2 years at 10% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 162000 for 2 years at 10% per annum is

A. Rs. 32600

B. Rs. 32400

C. Rs. 32800

D. Rs. 32200

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (162000 × 10 × 2)/100 = 32400.

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

Years for Rs. 182000 at 8% to give Rs. 87360 interest

A. 6 years

B. 7 years

C. 5 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
T = (87360 * 100)/(182000 * 8) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

A certain sum amounts to Rs. 16200 in 4 years and Rs. 17550 in 6 years at SI. The principal is

A. Rs. 13500

B. Rs. 10500

C. Rs. 15000

D. Rs. 12000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Difference 2 years = 1350. SI 1 year = 675. SI 4 years = 2700. Principal = 16200 - 2700 = 13500.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 828000 for 3 years at 26% per annum is

A. Rs. 646240

B. Rs. 645840

C. Rs. 646040

D. Rs. 645640

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (828000 × 26 × 3)/100 = 645840.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs