Simple interest on Rs. 3267000 for 2 years at 80% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3267000 for 2 years at 80% per annum is
A. Rs. 5227600
B. Rs. 5227200
C. Rs. 5227400
D. Rs. 5227000
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (3267000 × 80 × 2)/100 = 5227200.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 3879000 for 3 years at 91% per annum is
A. Rs. 10601530
B. Rs. 10601130
C. Rs. 10600930
D. Rs. 10601330

Correct Answer: Option B


Explanation:
SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest
Question #2
Principal for Rs. 168000 interest in 7 years at 12%
A. Rs. 201000
B. Rs. 200000
C. Rs. 198000
D. Rs. 199000

Correct Answer: Option B


Explanation:
P = (168000 * 100)/(12 * 7) = 200000.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 2691000 amount to Rs. 3767400 at 8% simple interest?
A. 5 years
B. 6 years
C. 4 years
D. 7 years

Correct Answer: Option A


Explanation:
SI = 1076400. T = (1076400 × 100)/(2691000 × 8) = 5 years.

This question belongs to: Maths Simple Interest