Simple interest on Rs. 3762000 for 2 years at 91% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3762000 for 2 years at 91% per annum is

A. Rs. 6847040

B. Rs. 6846840

C. Rs. 6846640

D. Rs. 6847240

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (3762000 × 91 × 2)/100 = 6846840.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 56000 for 2 years at 9% is

A. Rs. 10080

B. Rs. 9880

C. Rs. 10280

D. Rs. 10680

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Correct Answer: Option A

Explanation:
SI = (56000 × 9 × 2)/100 = 10080.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10%

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 396900. R = (396900 × 100)/(1323000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2754000 for 3 years at 66% per annum is

A. Rs. 5452920

B. Rs. 5453320

C. Rs. 5453120

D. Rs. 5452720

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Correct Answer: Option A

Explanation:
SI = (2754000 × 66 × 3)/100 = 5452920.

This question belongs to: Maths Simple Interest

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