Simple interest on Rs. 4572000 for 2 years at 107% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4572000 for 2 years at 107% per annum is

A. Rs. 9792480

B. Rs. 9792680

C. Rs. 9792880

D. Rs. 9792280

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (4572000 × 107 × 2)/100 = 9792480.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 2293200 interest in 8 years at 17% SI is

A. Rs. 1687500

B. Rs. 1685500

C. Rs. 1688500

D. Rs. 1686500

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Correct Answer: Option A

Explanation:
P = (2293200 × 100)/(17 × 8) = 1687500.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 9709200 interest in 9 years at 27% SI is

A. Rs. 4000000

B. Rs. 3998000

C. Rs. 4001000

D. Rs. 3999000

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Correct Answer: Option A

Explanation:
P = (9709200 × 100)/(27 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1620000 amounts to Rs. 2268000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 648000. R = (648000 × 100)/(1620000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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