Simple interest on Rs. 3627000 for 2 years at 88% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6386320

B. Rs. 6386120

C. Rs. 6385920

D. Rs. 6385720

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum at 12% SI for 4 years amounts to Rs. 224000. Principal

A. Rs. 138000

B. Rs. 140000

C. Rs. 139000

D. Rs. 141000

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Correct Answer: Option B

Explanation:
SI = 84000. P = 224000 - 84000 = 140000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1134000 for 3 years at 30% per annum is

A. Rs. 1020800

B. Rs. 1020600

C. Rs. 1020400

D. Rs. 1021000

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Correct Answer: Option B

Explanation:
SI = (1134000 × 30 × 3)/100 = 1020600.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2484000 for 3 years at 60% per annum is

A. Rs. 4471000

B. Rs. 4471200

C. Rs. 4471600

D. Rs. 4471400

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Correct Answer: Option B

Explanation:
SI = (2484000 × 60 × 3)/100 = 4471200.

This question belongs to: Maths Simple Interest

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