Simple interest on Rs. 4617000 for 2 years at 108% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4617000 for 2 years at 108% per annum is

A. Rs. 9972920

B. Rs. 9973120

C. Rs. 9972720

D. Rs. 9972520

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (4617000 × 108 × 2)/100 = 9972720.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 59500 for 2 years at 6%

A. Rs. 6940

B. Rs. 7340

C. Rs. 7540

D. Rs. 7140

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Correct Answer: Option D

Explanation:
SI = (59500 * 6 * 2)/100 = 7140.

This question belongs to: Maths Simple Interest

Question #2

At what rate percent will Rs. 45000 give Rs. 13500 interest in 5 years?

A. 8%

B. 5%

C. 6%

D. 7%

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Correct Answer: Option C

Explanation:
R = (13500 × 100)/(45000 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 504000 for 3 years at 17% per annum is

A. Rs. 257040

B. Rs. 257240

C. Rs. 257440

D. Rs. 256840

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Correct Answer: Option A

Explanation:
SI = (504000 × 17 × 3)/100 = 257040.

This question belongs to: Maths Simple Interest

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