Simple interest on Rs. 477000 for 2 years at 19% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 477000 for 2 years at 19% per annum is

A. Rs. 181660

B. Rs. 181460

C. Rs. 181060

D. Rs. 181260

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (477000 × 19 × 2)/100 = 181260.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 4599000 for 3 years at 107% per annum is

A. Rs. 14767510

B. Rs. 14767710

C. Rs. 14768110

D. Rs. 14767910

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Correct Answer: Option B

Explanation:
SI = (4599000 × 107 × 3)/100 = 14767710.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2970000 amounts to Rs. 4158000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 1188000. R = (1188000 × 100)/(2970000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1940400 interest in 8 years at 16% SI is

A. Rs. 1514000

B. Rs. 1513000

C. Rs. 1516000

D. Rs. 1515000

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Correct Answer: Option D

Explanation:
P = (1940400 × 100)/(16 × 8) = 1515000.

This question belongs to: Maths Simple Interest

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