Simple interest on Rs. 2547000 for 2 years at 64% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2547000 for 2 years at 64% per annum is
A. Rs. 3258720
B. Rs. 3258520
C. Rs. 3258920
D. Rs. 3259120
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = (2547000 × 64 × 2)/100 = 3258720.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 136500 for 3 years at 11%
A. Rs. 45245
B. Rs. 45045
C. Rs. 45445
D. Rs. 44845

Correct Answer: Option B


Explanation:
SI = (136500 * 11 * 3)/100 = 45045.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 1098000 amounts to Rs. 1427400 in 3 years is
A. 9%
B. 10%
C. 8%
D. 12%

Correct Answer: Option B


Explanation:
SI = 329400. R = (329400 × 100)/(1098000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2052000 for 2 years at 53% per annum is
A. Rs. 2174920
B. Rs. 2175320
C. Rs. 2175520
D. Rs. 2175120

Correct Answer: Option D


Explanation:
SI = (2052000 × 53 × 2)/100 = 2175120.

This question belongs to: Maths Simple Interest