Simple interest on Rs. 3447000 for 2 years at 84% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3447000 for 2 years at 84% per annum is

A. Rs. 5790960

B. Rs. 5791160

C. Rs. 5790760

D. Rs. 5791360

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (3447000 × 84 × 2)/100 = 5790960.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 972000 for 3 years at 30% per annum is

A. Rs. 874800

B. Rs. 875200

C. Rs. 875000

D. Rs. 874600

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Correct Answer: Option A

Explanation:
SI = (972000 × 30 × 3)/100 = 874800.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4518000 amounts to Rs. 5873400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1355400. R = (1355400 × 100)/(4518000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 4455000 amounts to Rs. 6237000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1782000. R = (1782000 × 100)/(4455000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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