Simple interest on Rs. 837000 for 2 years at 26% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 837000 for 2 years at 26% per annum is

A. Rs. 435440

B. Rs. 435240

C. Rs. 435640

D. Rs. 435040

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (837000 × 26 × 2)/100 = 435240.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328760

B. Rs. 12328360

C. Rs. 12328960

D. Rs. 12328560

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Correct Answer: Option D

Explanation:
SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 42000 for 3 years at 10% is

A. Rs. 12600

B. Rs. 12800

C. Rs. 12400

D. Rs. 13000

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Correct Answer: Option A

Explanation:
SI = (42000 × 10 × 3)/100 = 12600.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 277200 interest in 7 years at 9% SI is

A. Rs. 439000

B. Rs. 440000

C. Rs. 438000

D. Rs. 441000

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Correct Answer: Option B

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.

This question belongs to: Maths Simple Interest

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