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

Question

Share Report Error

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

A. Rs. 137700

B. Rs. 138100

C. Rs. 137500

D. Rs. 137900

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (405000 × 17 × 2)/100 = 137700.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Years for Rs. 294000 at 9% to give Rs. 158760 interest

A. 5 years

B. 4 years

C. 7 years

D. 6 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
T = (158760 * 100)/(294000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

At what rate percent will Rs. 45000 give Rs. 13500 interest in 5 years?

A. 5%

B. 6%

C. 7%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
R = (13500 × 100)/(45000 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 2469600 interest in 9 years at 15% SI is

A. Rs. 1830000

B. Rs. 1828000

C. Rs. 1831000

D. Rs. 1829000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (2469600 × 100)/(15 × 9) = 1830000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs