Simple interest on Rs. 1692000 for 2 years at 45% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1692000 for 2 years at 45% per annum is

A. Rs. 1522800

B. Rs. 1522600

C. Rs. 1523200

D. Rs. 1523000

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1692000 × 45 × 2)/100 = 1522800.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 277200 interest in 7 years at 9% SI is

A. Rs. 440000

B. Rs. 438000

C. Rs. 439000

D. Rs. 441000

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Correct Answer: Option A

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 5832000 interest in 8 years at 26% SI is

A. Rs. 2798000

B. Rs. 2799000

C. Rs. 2801000

D. Rs. 2800000

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Correct Answer: Option D

Explanation:
P = (5832000 × 100)/(26 × 8) = 2800000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3960000 amounts to Rs. 5544000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1584000. R = (1584000 × 100)/(3960000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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