Simple interest on Rs. 3312000 for 2 years at 81% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3312000 for 2 years at 81% per annum is
A. Rs. 5365440
B. Rs. 5365640
C. Rs. 5365240
D. Rs. 5365840
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = (3312000 × 81 × 2)/100 = 5365440.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 1161000 amount to Rs. 1625400 at 8% simple interest?
A. 4 years
B. 7 years
C. 5 years
D. 6 years

Correct Answer: Option C


Explanation:
SI = 464400. T = (464400 × 100)/(1161000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 3492000 for 2 years at 85% per annum is
A. Rs. 5936800
B. Rs. 5936400
C. Rs. 5936600
D. Rs. 5936200

Correct Answer: Option B


Explanation:
SI = (3492000 × 85 × 2)/100 = 5936400.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 3969000 for 3 years at 93% per annum is
A. Rs. 11076590
B. Rs. 11076190
C. Rs. 11076390
D. Rs. 11076790

Correct Answer: Option C


Explanation:
SI = (3969000 × 93 × 3)/100 = 11076390.

This question belongs to: Maths Simple Interest