Simple interest on Rs. 1962000 for 2 years at 51% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1962000 for 2 years at 51% per annum is

A. Rs. 2001440

B. Rs. 2001040

C. Rs. 2001640

D. Rs. 2001240

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (1962000 × 51 × 2)/100 = 2001240.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

SI on Rs. 31500 for 4 years at 7%

A. Rs. 8620

B. Rs. 9220

C. Rs. 8820

D. Rs. 9020

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Correct Answer: Option C

Explanation:
SI = (31500 * 7 * 4)/100 = 8820.

This question belongs to: Maths Simple Interest

Question #2

Years for Rs. 350000 at 9% to give Rs. 189000 interest

A. 4 years

B. 6 years

C. 5 years

D. 7 years

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Correct Answer: Option B

Explanation:
T = (189000 * 100)/(350000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 65520 in 6 years at 8% SI. Principal

A. Rs. 42000

B. Rs. 41000

C. Rs. 43000

D. Rs. 40000

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Correct Answer: Option A

Explanation:
SI = 23520. P = 65520 - 23520 = 42000.

This question belongs to: Maths Simple Interest

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