Simple interest on Rs. 1917000 for 2 years at 50% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1917000 for 2 years at 50% per annum is

A. Rs. 1916800

B. Rs. 1917000

C. Rs. 1917200

D. Rs. 1917400

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (1917000 × 50 × 2)/100 = 1917000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 333000 amounts to Rs. 432900 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 99900. R = (99900 × 100)/(333000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 117600 SI in 7 years at 12%

A. Rs. 139000

B. Rs. 138000

C. Rs. 141000

D. Rs. 140000

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Correct Answer: Option D

Explanation:
P = (117600 * 100)/(12 * 7) = 140000.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 2016000 amount to Rs. 2822400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 806400. T = (806400 × 100)/(2016000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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