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. 65320

B. Rs. 65720

C. Rs. 65520

D. Rs. 65920

Answer: Option C

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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Rs. 10000 is lent at 6% per annum simple interest. Interest earned in 5 years is

A. Rs. 3000

B. Rs. 2500

C. Rs. 2800

D. Rs. 3200

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Correct Answer: Option A

Explanation:
SI = (10000 × 6 × 5)/100 = 3000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 48000 for 5 years at 5% per annum is

A. Rs. 12200

B. Rs. 12000

C. Rs. 12400

D. Rs. 11800

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Correct Answer: Option B

Explanation:
SI = (48000 × 5 × 5)/100 = 12000.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 1980000 amounts to Rs. 2772000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 792000. R = (792000 × 100)/(1980000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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