Simple interest on Rs. 882000 for 2 years at 27% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 882000 for 2 years at 27% per annum is

A. Rs. 476080

B. Rs. 476480

C. Rs. 476680

D. Rs. 476280

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (882000 × 27 × 2)/100 = 476280.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1197000 for 2 years at 34% per annum is

A. Rs. 814160

B. Rs. 814360

C. Rs. 813760

D. Rs. 813960

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Correct Answer: Option D

Explanation:
SI = (1197000 × 34 × 2)/100 = 813960.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1602000 for 2 years at 43% per annum is

A. Rs. 1377520

B. Rs. 1378120

C. Rs. 1377720

D. Rs. 1377920

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Correct Answer: Option C

Explanation:
SI = (1602000 × 43 × 2)/100 = 1377720.

This question belongs to: Maths Simple Interest

Question #3

A sum of money doubles itself in 10 years at simple interest. The rate of interest is

A. 10%

B. 12%

C. 15%

D. 8%

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Correct Answer: Option A

Explanation:
SI = Principal. R = (100 × 100)/(P × 10) × P = 10%.

This question belongs to: Maths Simple Interest

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