Simple interest on Rs. 2772000 for 2 years at 69% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2772000 for 2 years at 69% per annum is

A. Rs. 3825360

B. Rs. 3825560

C. Rs. 3825760

D. Rs. 3825160

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (2772000 × 69 × 2)/100 = 3825360.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3753000 amounts to Rs. 4878900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 1125900. R = (1125900 × 100)/(3753000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 2376000 amount to Rs. 3326400 at 8% simple interest?

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 950400. T = (950400 × 100)/(2376000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 21600 interest in 6 years at 9%

A. Rs. 39000

B. Rs. 40000

C. Rs. 41000

D. Rs. 38000

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Correct Answer: Option B

Explanation:
P = (21600 * 100)/(9 * 6) = 40000.

This question belongs to: Maths Simple Interest

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