Simple interest on Rs. 369000 for 2 years at 16% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 369000 for 2 years at 16% per annum is

A. Rs. 118280

B. Rs. 118080

C. Rs. 117880

D. Rs. 118480

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (369000 × 16 × 2)/100 = 118080.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3222000 for 2 years at 79% per annum is

A. Rs. 5091160

B. Rs. 5090560

C. Rs. 5090960

D. Rs. 5090760

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Correct Answer: Option D

Explanation:
SI = (3222000 × 79 × 2)/100 = 5090760.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4149000 for 3 years at 97% per annum is

A. Rs. 12070330

B. Rs. 12069730

C. Rs. 12069930

D. Rs. 12070130

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Correct Answer: Option C

Explanation:
SI = (4149000 × 97 × 3)/100 = 12069930.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4032000 for 2 years at 97% per annum is

A. Rs. 7822280

B. Rs. 7822080

C. Rs. 7821880

D. Rs. 7822480

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Correct Answer: Option B

Explanation:
SI = (4032000 × 97 × 2)/100 = 7822080.

This question belongs to: Maths Simple Interest

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