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. 6846640

C. Rs. 6847240

D. Rs. 6846840

Answer: Option D

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

Rate for Rs. 329000 to Rs. 427700 in 3 years SI

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 98700. R = (98700 * 100)/(329000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3591000 amount to Rs. 5027400 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1436400. T = (1436400 × 100)/(3591000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 9907200 interest in 8 years at 33% SI is

A. Rs. 3751000

B. Rs. 3750000

C. Rs. 3748000

D. Rs. 3749000

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Correct Answer: Option B

Explanation:
P = (9907200 × 100)/(33 × 8) = 3750000.

This question belongs to: Maths Simple Interest

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