Simple interest on Rs. 3357000 for 2 years at 82% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3357000 for 2 years at 82% per annum is

A. Rs. 5505880

B. Rs. 5505280

C. Rs. 5505480

D. Rs. 5505680

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3357000 × 82 × 2)/100 = 5505480.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 837000 for 2 years at 26% per annum is

A. Rs. 435240

B. Rs. 435440

C. Rs. 435040

D. Rs. 435640

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Correct Answer: Option A

Explanation:
SI = (837000 × 26 × 2)/100 = 435240.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1503000 amounts to Rs. 1953900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 450900. R = (450900 × 100)/(1503000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3330000 amounts to Rs. 4662000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1332000. R = (1332000 × 100)/(3330000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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