Simple interest on Rs. 4077000 for 2 years at 98% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 4077000 for 2 years at 98% per annum is

A. Rs. 7991320

B. Rs. 7991120

C. Rs. 7990920

D. Rs. 7990720

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4077000 × 98 × 2)/100 = 7990920.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 12974400 interest in 8 years at 39% SI is

A. Rs. 4148000

B. Rs. 4150000

C. Rs. 4149000

D. Rs. 4151000

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Correct Answer: Option B

Explanation:
P = (12974400 × 100)/(39 × 8) = 4150000.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 5300400 interest in 9 years at 21% SI is

A. Rs. 2798000

B. Rs. 2799000

C. Rs. 2801000

D. Rs. 2800000

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Correct Answer: Option D

Explanation:
P = (5300400 × 100)/(21 × 9) = 2800000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 720000 for 3 years at 23% per annum is

A. Rs. 497200

B. Rs. 496600

C. Rs. 497000

D. Rs. 496800

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Correct Answer: Option D

Explanation:
SI = (720000 × 23 × 3)/100 = 496800.

This question belongs to: Maths Simple Interest

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