Simple interest on Rs. 2367000 for 2 years at 60% per annum is MCQ with Answer and Explanation

Question

Share Report Error

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

A. Rs. 2840200

B. Rs. 2840800

C. Rs. 2840600

D. Rs. 2840400

Answer: Option D

Solution (By JKSSB Mock Tests)

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

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. 1062000 for 2 years at 31% per annum is

A. Rs. 658840

B. Rs. 658640

C. Rs. 658240

D. Rs. 658440

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (1062000 × 31 × 2)/100 = 658440.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3600000 amounts to Rs. 5040000 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 = 1440000. R = (1440000 × 100)/(3600000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is

A. 12%

B. 9%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs