Simple interest on Rs. 2637000 for 2 years at 66% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2637000 for 2 years at 66% per annum is

A. Rs. 3481040

B. Rs. 3480640

C. Rs. 3481240

D. Rs. 3480840

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (2637000 × 66 × 2)/100 = 3480840.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 396000 amounts to Rs. 514800 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 118800. R = (118800 × 100)/(396000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2727000 for 2 years at 68% per annum is

A. Rs. 3708520

B. Rs. 3708920

C. Rs. 3709120

D. Rs. 3708720

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Correct Answer: Option D

Explanation:
SI = (2727000 × 68 × 2)/100 = 3708720.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 4023000 amounts to Rs. 5229900 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1206900. R = (1206900 × 100)/(4023000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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