Simple interest on Rs. 477000 for 2 years at 18% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 477000 for 2 years at 18% per annum is

A. Rs. 171720

B. Rs. 171520

C. Rs. 171920

D. Rs. 172120

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (477000 × 18 × 2)/100 = 171720.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 90000 amounts to Rs. 126000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 36000. R = (36000 × 100)/(90000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4212000 for 2 years at 99% per annum is

A. Rs. 8346160

B. Rs. 8345560

C. Rs. 8345960

D. Rs. 8345760

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Correct Answer: Option D

Explanation:
SI = (4212000 × 99 × 2)/100 = 8345760.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 2682000 for 2 years at 67% per annum is

A. Rs. 3593880

B. Rs. 3594080

C. Rs. 3593680

D. Rs. 3594280

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Correct Answer: Option A

Explanation:
SI = (2682000 × 67 × 2)/100 = 3593880.

This question belongs to: Maths Simple Interest

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