Simple interest on Rs. 1827000 for 2 years at 48% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1827000 for 2 years at 48% per annum is

A. Rs. 1754120

B. Rs. 1753720

C. Rs. 1754320

D. Rs. 1753920

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (1827000 × 48 × 2)/100 = 1753920.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Time for Rs. 280000 at 7% to amount Rs. 392000

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option D

Explanation:
SI = 112000. T = (112000 * 100)/(280000 * 7) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 140000 at 9% to amount Rs. 196000

A. 3 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option D

Explanation:
SI = 56000. T = (56000 * 100)/(140000 * 9) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 738000 amounts to Rs. 959400 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 221400. R = (221400 × 100)/(738000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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