Simple interest on Rs. 2322000 for 2 years at 59% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 2322000 for 2 years at 59% per annum is

A. Rs. 2741360

B. Rs. 2741560

C. Rs. 2741160

D. Rs. 2740960

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (2322000 × 59 × 2)/100 = 2741160.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 126000 for 2 years at 8% per annum is

A. Rs. 19960

B. Rs. 20160

C. Rs. 20560

D. Rs. 20360

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (126000 × 8 × 2)/100 = 20160.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1935000 amounts to Rs. 2709000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 774000. R = (774000 × 100)/(1935000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 6476400 interest in 9 years at 23% SI is

A. Rs. 3119000

B. Rs. 3118000

C. Rs. 3121000

D. Rs. 3120000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (6476400 × 100)/(23 × 9) = 3120000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs