Simple interest on Rs. 2907000 for 2 years at 72% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 2907000 for 2 years at 72% per annum is

A. Rs. 4185880

B. Rs. 4186280

C. Rs. 4186480

D. Rs. 4186080

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (2907000 × 72 × 2)/100 = 4186080.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Principal that amounts to Rs. 23400 in 4 years at 5% SI is

A. Rs. 19500

B. Rs. 20500

C. Rs. 17500

D. Rs. 18500

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Correct Answer: Option A

Explanation:
SI = 3900. P = 23400 - 3900 = 19500.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 15840000 interest in 8 years at 44% SI is

A. Rs. 4498000

B. Rs. 4501000

C. Rs. 4500000

D. Rs. 4499000

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Correct Answer: Option C

Explanation:
P = (15840000 × 100)/(44 × 8) = 4500000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1620000 amounts to Rs. 2268000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 648000. R = (648000 × 100)/(1620000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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