Simple interest on Rs. 2592000 for 2 years at 65% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2592000 for 2 years at 65% per annum is
A. Rs. 3370000 approx adjusted
B. Rs. 3369800
C. Rs. 3370200
D. Rs. 3369600
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = (2592000 × 65 × 2)/100 = 3369600.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 15120 interest in 4 years at 9% SI is
A. Rs. 42000
B. Rs. 43000
C. Rs. 41000
D. Rs. 40000

Correct Answer: Option A


Explanation:
P = (15120 × 100)/(9 × 4) = 42000.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 3978000 amounts to Rs. 5171400 in 3 years is
A. 9%
B. 12%
C. 8%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1193400. R = (1193400 × 100)/(3978000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 1800000 amounts to Rs. 2520000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 720000. R = (720000 × 100)/(1800000 × 4) = 10%.

This question belongs to: Maths Simple Interest