Simple interest on Rs. 261000 for 2 years at 13% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 261000 for 2 years at 13% per annum is

A. Rs. 67860

B. Rs. 68060

C. Rs. 68260

D. Rs. 67660

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (261000 × 13 × 2)/100 = 67860.

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

Time for Rs. 36000 at 5% to amount Rs. 46800

A. 7 years

B. 4 years

C. 6 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 10800. T = (10800 * 100)/(36000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2889000 for 3 years at 69% per annum is

A. Rs. 5982230

B. Rs. 5982430

C. Rs. 5982030

D. Rs. 5981830

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (2889000 × 69 × 3)/100 = 5982030.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 26600 in 4 years at 9% SI. Principal

A. Rs. 18000

B. Rs. 19000

C. Rs. 21000

D. Rs. 20000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 6600. P = 26600 - 6600 = 20000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs