Simple interest on Rs. 3717000 for 2 years at 90% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3717000 for 2 years at 90% per annum is

A. Rs. 6690400

B. Rs. 6690600

C. Rs. 6691000

D. Rs. 6690800

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3717000 × 90 × 2)/100 = 6690600.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 1458000 amounts to Rs. 1895400 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 437400. R = (437400 × 100)/(1458000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 4536000 amount to Rs. 6350400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 1814400. T = (1814400 × 100)/(4536000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 963000 amount to Rs. 1348200 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 385200. T = (385200 × 100)/(963000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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