Simple interest on Rs. 729000 for 2 years at 26% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 729000 for 2 years at 26% per annum is
A. Rs. 378880
B. Rs. 379480
C. Rs. 379080
D. Rs. 379280
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = (729000 × 26 × 2)/100 = 379080.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 32032 interest in 8 years at 9% SI is
A. Rs. 43990
B. Rs. 45290
C. Rs. 44490
D. Rs. 43490

Correct Answer: Option C


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

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 1224000 for 3 years at 32% per annum is
A. Rs. 1174840
B. Rs. 1175440
C. Rs. 1175040
D. Rs. 1175240

Correct Answer: Option C


Explanation:
SI = (1224000 × 32 × 3)/100 = 1175040.

This question belongs to: Maths Simple Interest
Question #3
SI on Rs. 199500 for 5 years at 5%
A. Rs. 49675
B. Rs. 50275
C. Rs. 49875
D. Rs. 50075

Correct Answer: Option C


Explanation:
SI = (199500 * 5 * 5)/100 = 49875.

This question belongs to: Maths Simple Interest