Simple interest on Rs. 2277000 for 2 years at 58% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641320

B. Rs. 2641120

C. Rs. 2641720

D. Rs. 2641520

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (2277000 × 58 × 2)/100 = 2641320.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3069000 for 3 years at 73% per annum is

A. Rs. 6720770

B. Rs. 6720570

C. Rs. 6720970

D. Rs. 6720370

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Correct Answer: Option B

Explanation:
SI = (3069000 × 73 × 3)/100 = 6720570.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 38000 amounts to Rs. 49400 in 3 years

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 11400. R = (11400 * 100)/(38000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 288000 amounts to Rs. 374400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 86400. R = (86400 × 100)/(288000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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