Simple interest on Rs. 801000 for 2 years at 28% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 801000 for 2 years at 28% per annum is

A. Rs. 448760

B. Rs. 448560

C. Rs. 448960

D. Rs. 448360

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (801000 × 28 × 2)/100 = 448560.

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

The simple interest on a certain sum for 5 years at 8% is Rs. 2000. The principal is

A. Rs. 5500

B. Rs. 5000

C. Rs. 6000

D. Rs. 4500

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (2000 × 100)/(8 × 5) = 5000.

This question belongs to: Maths Simple Interest

Question #2

Share Report

The rate at which Rs. 504000 amounts to Rs. 655200 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 151200. R = (151200 × 100)/(504000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Share Report

The rate at which Rs. 4023000 amounts to Rs. 5229900 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1206900. R = (1206900 × 100)/(4023000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs