Simple interest on Rs. 405000 for 2 years at 17% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 405000 for 2 years at 17% per annum is

A. Rs. 137900

B. Rs. 137700

C. Rs. 137500

D. Rs. 138100

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (405000 × 17 × 2)/100 = 137700.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 1368000 amounts to Rs. 1778400 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 410400. R = (410400 × 100)/(1368000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 936000 for 3 years at 29% per annum is

A. Rs. 814720

B. Rs. 814320

C. Rs. 814520

D. Rs. 814120

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Correct Answer: Option B

Explanation:
SI = (936000 × 29 × 3)/100 = 814320.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 428400 interest in 9 years at 11% SI is

A. Rs. 430000

B. Rs. 433000

C. Rs. 432000

D. Rs. 431000

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Correct Answer: Option C

Explanation:
P = (428400 × 100)/(11 × 9) = 432000.

This question belongs to: Maths Simple Interest

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