Simple interest on Rs. 2052000 for 2 years at 53% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2052000 for 2 years at 53% per annum is

A. Rs. 2175520

B. Rs. 2174920

C. Rs. 2175320

D. Rs. 2175120

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (2052000 × 53 × 2)/100 = 2175120.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2367000 for 2 years at 60% per annum is

A. Rs. 2840400

B. Rs. 2840800

C. Rs. 2840600

D. Rs. 2840200

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Correct Answer: Option A

Explanation:
SI = (2367000 × 60 × 2)/100 = 2840400.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 105000 amounts to Rs. 136500 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 31500. R = (31500 × 100)/(105000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 18144000 interest in 8 years at 48% SI is

A. Rs. 4724000

B. Rs. 4723000

C. Rs. 4726000

D. Rs. 4725000

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Correct Answer: Option D

Explanation:
P = (18144000 × 100)/(48 × 8) = 4725000.

This question belongs to: Maths Simple Interest

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