Simple interest on Rs. 3132000 for 2 years at 77% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3132000 for 2 years at 77% per annum is

A. Rs. 4823480

B. Rs. 4823280

C. Rs. 4823680

D. Rs. 4823080

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3132000 × 77 × 2)/100 = 4823280.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 279000 for 3 years at 11% per annum is

A. Rs. 92070

B. Rs. 91870

C. Rs. 92270

D. Rs. 92470

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Correct Answer: Option A

Explanation:
SI = (279000 × 11 × 3)/100 = 92070.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1872000 for 2 years at 49% per annum is

A. Rs. 1834360

B. Rs. 1834960

C. Rs. 1834760

D. Rs. 1834560

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Correct Answer: Option D

Explanation:
SI = (1872000 × 49 × 2)/100 = 1834560.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 45000 amounts to Rs. 58500 in 3 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 13500. R = (13500 × 100)/(45000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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