Simple interest on Rs. 252000 for 2 years at 13% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 252000 for 2 years at 13% per annum is

A. Rs. 65520

B. Rs. 65320

C. Rs. 65720

D. Rs. 65920

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (252000 × 13 × 2)/100 = 65520.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 4140000 amounts to Rs. 5796000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1656000. R = (1656000 × 100)/(4140000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 675000 amount to Rs. 945000 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 270000. T = (270000 × 100)/(675000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 2187000 for 2 years at 56% per annum is

A. Rs. 2449640

B. Rs. 2449240

C. Rs. 2449840

D. Rs. 2449440

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Correct Answer: Option D

Explanation:
SI = (2187000 × 56 × 2)/100 = 2449440.

This question belongs to: Maths Simple Interest

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