Simple interest on Rs. 27500 for 2 years at 11% per annum is MCQ with Answer and Explanation

Question
Simple interest on Rs. 27500 for 2 years at 11% per annum is
A. Rs. 5850
B. Rs. 6450
C. Rs. 6050
D. Rs. 6250
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = (27500 * 11 * 2)/100 = 6050.
This question belongs to: Maths Simple Interest
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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 327600 interest in 9 years at 10% SI is
A. Rs. 362000
B. Rs. 364000
C. Rs. 363000
D. Rs. 365000
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Correct Answer: Option B

Explanation:
P = (327600 × 100)/(10 × 9) = 364000.
This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 1809000 for 3 years at 45% per annum is
A. Rs. 2442150
B. Rs. 2442550
C. Rs. 2441950
D. Rs. 2442350
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Correct Answer: Option A

Explanation:
SI = (1809000 × 45 × 3)/100 = 2442150.
This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 3024000 for 3 years at 72% per annum is
A. Rs. 6533560
B. Rs. 6533760
C. Rs. 6534160
D. Rs. 6533960
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Correct Answer: Option B

Explanation:
SI = (3024000 × 72 × 3)/100 = 6533760.
This question belongs to: Maths Simple Interest
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