Simple interest on Rs. 3582000 for 2 years at 87% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3582000 for 2 years at 87% per annum is

A. Rs. 6232480

B. Rs. 6232880

C. Rs. 6233080

D. Rs. 6232680

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (3582000 × 87 × 2)/100 = 6232680.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 1773000 amounts to Rs. 2304900 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 531900. R = (531900 × 100)/(1773000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 18450 interest in 6 years at 5% SI is

A. Rs. 60500

B. Rs. 62500

C. Rs. 61500

D. Rs. 59500

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Correct Answer: Option C

Explanation:
P = (18450 * 100)/(5 * 6) = 61500.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 999000 for 3 years at 27% per annum is

A. Rs. 808990

B. Rs. 809590

C. Rs. 809190

D. Rs. 809390

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Correct Answer: Option C

Explanation:
SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest

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