Simple interest on Rs. 927000 for 2 years at 28% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 927000 for 2 years at 28% per annum is

A. Rs. 519320

B. Rs. 519520

C. Rs. 519120

D. Rs. 518920

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (927000 × 28 × 2)/100 = 519120.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The rate at which Rs. 144000 amounts to Rs. 187200 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 43200. R = (43200 × 100)/(144000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2835000 amounts to Rs. 3969000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1134000. R = (1134000 × 100)/(2835000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 396000 amounts to Rs. 554400 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 158400. R = (158400 × 100)/(396000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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