Simple interest on Rs. 4167000 for 2 years at 100% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4167000 for 2 years at 100% per annum is

A. Rs. 8333800

B. Rs. 8334000

C. Rs. 8334400

D. Rs. 8334200

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (4167000 × 100 × 2)/100 = 8334000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3087000 for 2 years at 76% per annum is

A. Rs. 4692240

B. Rs. 4692440

C. Rs. 4692640

D. Rs. 4692040

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Correct Answer: Option A

Explanation:
SI = (3087000 × 76 × 2)/100 = 4692240.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 369000 for 3 years at 13% per annum is

A. Rs. 144310

B. Rs. 143710

C. Rs. 143910

D. Rs. 144110

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Correct Answer: Option C

Explanation:
SI = (369000 × 13 × 3)/100 = 143910.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 18144000 interest in 8 years at 48% SI is

A. Rs. 4725000

B. Rs. 4724000

C. Rs. 4723000

D. Rs. 4726000

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Correct Answer: Option A

Explanation:
P = (18144000 × 100)/(48 × 8) = 4725000.

This question belongs to: Maths Simple Interest

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