Simple interest on Rs. 36000 for 2 years at 11% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 36000 for 2 years at 11% per annum is

A. Rs. 8320

B. Rs. 7920

C. Rs. 7720

D. Rs. 8120

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (36000 × 11 × 2)/100 = 7920.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 11541600 interest in 9 years at 31% SI is

A. Rs. 4128000

B. Rs. 4131000

C. Rs. 4129000

D. Rs. 4130000

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Correct Answer: Option D

Explanation:
P = (11541600 × 100)/(31 × 9) = 4130000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 63000 for 3 years at 9% per annum is

A. Rs. 17410

B. Rs. 17210

C. Rs. 17010

D. Rs. 16810

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Correct Answer: Option C

Explanation:
SI = (63000 × 9 × 3)/100 = 17010.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 3880800 interest in 9 years at 18% SI is

A. Rs. 2399000

B. Rs. 2398000

C. Rs. 2400000

D. Rs. 2401000

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Correct Answer: Option C

Explanation:
P = (3880800 × 100)/(18 × 9) = 2400000.

This question belongs to: Maths Simple Interest

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