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

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Simple interest on Rs. 3267000 for 2 years at 80% per annum is

A. Rs. 5227000

B. Rs. 5227600

C. Rs. 5227200

D. Rs. 5227400

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3267000 × 80 × 2)/100 = 5227200.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3717000 for 2 years at 90% per annum is

A. Rs. 6691000

B. Rs. 6690600

C. Rs. 6690400

D. Rs. 6690800

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Correct Answer: Option B

Explanation:
SI = (3717000 × 90 × 2)/100 = 6690600.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 81000 amount to Rs. 113400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 32400. T = (32400 × 100)/(81000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2448000 amounts to Rs. 3182400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 734400. R = (734400 × 100)/(2448000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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