Simple interest on Rs. 792000 for 2 years at 25% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 792000 for 2 years at 25% per annum is

A. Rs. 396400

B. Rs. 396000

C. Rs. 396200

D. Rs. 395800

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (792000 × 25 × 2)/100 = 396000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3654000 for 3 years at 86% per annum is

A. Rs. 9433720

B. Rs. 9433520

C. Rs. 9433320

D. Rs. 9433120

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Correct Answer: Option C

Explanation:
SI = (3654000 × 86 × 3)/100 = 9433320.

This question belongs to: Maths Simple Interest

Question #2

A sum at 13% SI for 5 years amounts to Rs. 252000. Principal

A. Rs. 167000

B. Rs. 169000

C. Rs. 166000

D. Rs. 168000

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Correct Answer: Option D

Explanation:
SI = 84000. P = 252000 - 84000 = 168000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 972000 for 2 years at 29% per annum is

A. Rs. 563760

B. Rs. 563960

C. Rs. 564160

D. Rs. 563560

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Correct Answer: Option A

Explanation:
SI = (972000 × 29 × 2)/100 = 563760.

This question belongs to: Maths Simple Interest

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