Simple interest on Rs. 693000 for 2 years at 25% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 693000 for 2 years at 25% per annum is

A. Rs. 346300

B. Rs. 346900

C. Rs. 346700

D. Rs. 346500

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (693000 × 25 × 2)/100 = 346500.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

A sum of Rs. 414000 amounts to Rs. 579600 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 165600. R = (165600 × 100)/(414000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Simple interest on Rs. 72000 for 3 years at 10% per annum is

A. Rs. 21800

B. Rs. 22000

C. Rs. 21400

D. Rs. 21600

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (72000 × 10 × 3)/100 = 21600.

This question belongs to: Maths Simple Interest

Question #3

Share Report

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

A. Rs. 1515000

B. Rs. 1514000

C. Rs. 1516000

D. Rs. 1513000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

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

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs