Simple interest on Rs. 549000 for 2 years at 21% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 549000 for 2 years at 21% per annum is

A. Rs. 230780

B. Rs. 230580

C. Rs. 230380

D. Rs. 230980

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (549000 × 21 × 2)/100 = 230580.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 774000 for 3 years at 22% per annum is

A. Rs. 510840

B. Rs. 511240

C. Rs. 510640

D. Rs. 511040

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Correct Answer: Option A

Explanation:
SI = (774000 × 22 × 3)/100 = 510840.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 11836800 interest in 8 years at 37% SI is

A. Rs. 3999000

B. Rs. 3998000

C. Rs. 4001000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (11836800 × 100)/(37 × 8) = 4000000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1134000 interest in 9 years at 12% SI is

A. Rs. 1050000

B. Rs. 1051000

C. Rs. 1049000

D. Rs. 1048000

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Correct Answer: Option A

Explanation:
P = (1134000 × 100)/(12 × 9) = 1050000.

This question belongs to: Maths Simple Interest

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