Simple interest on Rs. 3537000 for 2 years at 86% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3537000 for 2 years at 86% per annum is
A. Rs. 6088640
B. Rs. 6088240
C. Rs. 6088840
D. Rs. 6088440
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = (3537000 × 86 × 2)/100 = 6088440.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 1215000 amounts to Rs. 1701000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 12%
D. 9%

Correct Answer: Option A


Explanation:
SI = 486000. R = (486000 × 100)/(1215000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Rate percent when Rs. 30000 becomes Rs. 39000 in 3 years SI
A. 8%
B. 9%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 9000. R = (9000 * 100)/(30000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 1350000 amounts to Rs. 1890000 in 4 years at simple interest. The rate is
A. 10%
B. 9%
C. 8%
D. 12%

Correct Answer: Option A


Explanation:
SI = 540000. R = (540000 × 100)/(1350000 × 4) = 10%.

This question belongs to: Maths Simple Interest