Simple interest on Rs. 4392000 for 2 years at 103% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4392000 for 2 years at 103% per annum is

A. Rs. 9047520

B. Rs. 9047320

C. Rs. 9047720

D. Rs. 9047920

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (4392000 × 103 × 2)/100 = 9047520.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 2822400 interest in 9 years at 16% SI is

A. Rs. 1959000

B. Rs. 1958000

C. Rs. 1960000

D. Rs. 1961000

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Correct Answer: Option C

Explanation:
P = (2822400 × 100)/(16 × 9) = 1960000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 252000 for 4 years at 6% per annum is

A. Rs. 60680

B. Rs. 60880

C. Rs. 60280

D. Rs. 60480

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Correct Answer: Option D

Explanation:
SI = (252000 × 6 × 4)/100 = 60480.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 549000 for 3 years at 17% per annum is

A. Rs. 279990

B. Rs. 280390

C. Rs. 279790

D. Rs. 280190

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Correct Answer: Option A

Explanation:
SI = (549000 × 17 × 3)/100 = 279990.

This question belongs to: Maths Simple Interest

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