Simple interest on Rs. 3852000 for 2 years at 93% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3852000 for 2 years at 93% per annum is

A. Rs. 7164920

B. Rs. 7164520

C. Rs. 7164720

D. Rs. 7165120

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3852000 × 93 × 2)/100 = 7164720.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 3168000 amounts to Rs. 4118400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 950400. R = (950400 × 100)/(3168000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641520

B. Rs. 2641720

C. Rs. 2641120

D. Rs. 2641320

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Correct Answer: Option D

Explanation:
SI = (2277000 × 58 × 2)/100 = 2641320.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 269500 for 2 years at 21%

A. Rs. 112990

B. Rs. 113390

C. Rs. 113190

D. Rs. 113590

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Correct Answer: Option C

Explanation:
SI = (269500 * 21 * 2)/100 = 113190.

This question belongs to: Maths Simple Interest

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