Simple interest on Rs. 2727000 for 2 years at 68% per annum is MCQ with Answer and Explanation

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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

Answer: Option D

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 3078000 amounts to Rs. 4001400 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 923400. R = (923400 × 100)/(3078000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest for Rs. 32000 at 4% for 6 years is

A. Rs. 8080

B. Rs. 7480

C. Rs. 7880

D. Rs. 7680

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Correct Answer: Option D

Explanation:
SI = (32000 * 4 * 6)/100 = 7680.

This question belongs to: Maths Simple Interest

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