Simple interest on Rs. 56000 for 2 years at 9% is MCQ with Answer and Explanation

Question
Simple interest on Rs. 56000 for 2 years at 9% is
A. Rs. 10280
B. Rs. 10080
C. Rs. 9880
D. Rs. 10680
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (56000 × 9 × 2)/100 = 10080.
This question belongs to: Maths Simple Interest
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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 10936800 interest in 9 years at 30% SI is
A. Rs. 4039000
B. Rs. 4040000
C. Rs. 4041000
D. Rs. 4038000
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Correct Answer: Option B

Explanation:
P = (10936800 × 100)/(30 × 9) = 4040000.
This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 25200 interest in 6 years at 7% SI is
A. Rs. 59000
B. Rs. 60000
C. Rs. 58000
D. Rs. 61000
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Correct Answer: Option B

Explanation:
P = (25200 × 100)/(7 × 6) = 60000.
This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%
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Correct Answer: Option D

Explanation:
SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.
This question belongs to: Maths Simple Interest
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