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

Question

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

A. Rs. 41580

B. Rs. 41380

C. Rs. 41980

D. Rs. 41780

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (189000 × 11 × 2)/100 = 41580.

This question belongs to: Maths Simple Interest

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Question #1

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

A. Rs. 2799000

B. Rs. 2800000

C. Rs. 2798000

D. Rs. 2801000

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Correct Answer: Option B

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

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 306000 amounts to Rs. 397800 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 91800. R = (91800 × 100)/(306000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 70000 for 2 years at 11% per annum is

A. Rs. 15600

B. Rs. 15800

C. Rs. 15400

D. Rs. 15200

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Correct Answer: Option C

Explanation:
SI = (70000 × 11 × 2)/100 = 15400.

This question belongs to: Maths Simple Interest

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