Simple interest on Rs. 3177000 for 2 years at 78% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3177000 for 2 years at 78% per annum is

A. Rs. 4955920

B. Rs. 4956520

C. Rs. 4956320

D. Rs. 4956120

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (3177000 × 78 × 2)/100 = 4956120.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 8323200 interest in 8 years at 31% SI is

A. Rs. 3349000

B. Rs. 3350000

C. Rs. 3348000

D. Rs. 3351000

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Correct Answer: Option B

Explanation:
P = (8323200 × 100)/(31 × 8) = 3350000.

This question belongs to: Maths Simple Interest

Question #2

SI on Rs. 199500 for 5 years at 5%

A. Rs. 49675

B. Rs. 50275

C. Rs. 49875

D. Rs. 50075

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Correct Answer: Option C

Explanation:
SI = (199500 * 5 * 5)/100 = 49875.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 383400. R = (383400 × 100)/(1278000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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