Simple interest on Rs. 20133 for 2 years at 7% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 20133 for 2 years at 7% per annum is
A. Rs. 2668
B. Rs. 3018
C. Rs. 3318
D. Rs. 2818
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = (20133 * 7 * 2)/100 = 2818.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 4586400 interest in 9 years at 20% SI is
A. Rs. 2548000
B. Rs. 2549000
C. Rs. 2550000
D. Rs. 2551000

Correct Answer: Option C


Explanation:
P = (4586400 × 100)/(20 × 9) = 2550000.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 50000 for 3 years at 9% per annum is
A. Rs. 13700
B. Rs. 13500
C. Rs. 13300
D. Rs. 13900

Correct Answer: Option B


Explanation:
SI = (50000 × 9 × 3)/100 = 13500.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 972000 for 3 years at 30% per annum is
A. Rs. 874800
B. Rs. 875000
C. Rs. 875200
D. Rs. 874600

Correct Answer: Option A


Explanation:
SI = (972000 × 30 × 3)/100 = 874800.

This question belongs to: Maths Simple Interest