Simple interest on Rs. 585000 for 2 years at 22% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 585000 for 2 years at 22% per annum is

A. Rs. 257600

B. Rs. 257200

C. Rs. 257400

D. Rs. 257800

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (585000 × 22 × 2)/100 = 257400.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 730800 interest in 8 years at 11% SI is

A. Rs. 828000

B. Rs. 831000

C. Rs. 829000

D. Rs. 830000

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Correct Answer: Option D

Explanation:
P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4059000 for 3 years at 95% per annum is

A. Rs. 11568350

B. Rs. 11568150

C. Rs. 11567950

D. Rs. 11568550

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Correct Answer: Option B

Explanation:
SI = (4059000 × 95 × 3)/100 = 11568150.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 32032 interest in 8 years at 9% SI is

A. Rs. 45290

B. Rs. 44490

C. Rs. 43490

D. Rs. 43990

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Correct Answer: Option B

Explanation:
P = (32032 * 100)/(9 * 8) = 44490.

This question belongs to: Maths Simple Interest

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