Simple interest on Rs. 4527000 for 2 years at 106% per annum is MCQ with Answer and Explanation

Question
Simple interest on Rs. 4527000 for 2 years at 106% per annum is
A. Rs. 9603040
B. Rs. 9603640
C. Rs. 9603440
D. Rs. 9603240
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = (4527000 × 106 × 2)/100 = 9603240.
This question belongs to: Maths Simple Interest
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Practice More Simple Interest Questions

Question #1
A sum of Rs. 198000 amounts to Rs. 277200 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 10%
D. 8%
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Correct Answer: Option C

Explanation:
SI = 79200. R = (79200 × 100)/(198000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 3351600 interest in 8 years at 19% SI is
A. Rs. 2206000
B. Rs. 2205000
C. Rs. 2204000
D. Rs. 2203000
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Correct Answer: Option B

Explanation:
P = (3351600 × 100)/(19 × 8) = 2205000.
This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 192500 for 2 years at 15%
A. Rs. 57750
B. Rs. 58150
C. Rs. 57950
D. Rs. 57550
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Correct Answer: Option A

Explanation:
SI = (192500 * 15 * 2)/100 = 57750.
This question belongs to: Maths Simple Interest
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