Simple interest on Rs. 2007000 for 2 years at 52% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2007000 for 2 years at 52% per annum is

A. Rs. 2087080

B. Rs. 2087680

C. Rs. 2087280

D. Rs. 2087480

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (2007000 × 52 × 2)/100 = 2087280.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 126000 interest in 5 years at 6% SI is

A. Rs. 420000

B. Rs. 419000

C. Rs. 418000

D. Rs. 421000

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Correct Answer: Option A

Explanation:
P = (126000 × 100)/(6 × 5) = 420000.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 26600 in 4 years at 9% SI. Principal

A. Rs. 18000

B. Rs. 19000

C. Rs. 20000

D. Rs. 21000

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Correct Answer: Option C

Explanation:
SI = 6600. P = 26600 - 6600 = 20000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 72000 amounts to Rs. 100800 in 5 years at simple interest. The rate is

A. 8%

B. 9%

C. 10%

D. 6%

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Correct Answer: Option A

Explanation:
SI = 28800. R = (28800 × 100)/(72000 × 5) = 8%.

This question belongs to: Maths Simple Interest

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