Simple interest on Rs. 189000 for 2 years at 11% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 189000 for 2 years at 11% per annum is

A. Rs. 41980

B. Rs. 41780

C. Rs. 41580

D. Rs. 41380

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (189000 × 11 × 2)/100 = 41580.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Time for Rs. 224000 at 8% to amount Rs. 313600

A. 6 years

B. 7 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 89600. T = (89600 * 100)/(224000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 10306800 interest in 8 years at 34% SI is

A. Rs. 3796000

B. Rs. 3795000

C. Rs. 3793000

D. Rs. 3794000

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Correct Answer: Option B

Explanation:
P = (10306800 × 100)/(34 × 8) = 3795000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 20700 for 5 years at 11% per annum is

A. Rs. 11785

B. Rs. 11185

C. Rs. 11585

D. Rs. 11385

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Correct Answer: Option D

Explanation:
SI = (20700 × 11 × 5)/100 = 11385.

This question belongs to: Maths Simple Interest

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