Simple interest on Rs. 1737000 for 2 years at 46% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1737000 for 2 years at 46% per annum is

A. Rs. 1597840

B. Rs. 1598240

C. Rs. 1598040

D. Rs. 1598440

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (1737000 × 46 × 2)/100 = 1598040.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 423000 amount to Rs. 592200 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 169200. T = (169200 × 100)/(423000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 7200 amounts to Rs. 9360 in 5 years is

A. 5%

B. 8%

C. 4%

D. 6%

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Correct Answer: Option D

Explanation:
SI = 2160. R = (2160 × 100)/(7200 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 65000 for 2 years at 12% per annum is

A. Rs. 15600

B. Rs. 16000

C. Rs. 15400

D. Rs. 15800

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Correct Answer: Option A

Explanation:
SI = (65000 × 12 × 2)/100 = 15600.

This question belongs to: Maths Simple Interest

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