Simple interest on Rs. 94500 for 2 years at 13% MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 94500 for 2 years at 13%

A. Rs. 24970

B. Rs. 24370

C. Rs. 24570

D. Rs. 24770

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (94500 * 13 * 2)/100 = 24570.

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

Simple interest on Rs. 621000 for 2 years at 23% per annum is

A. Rs. 285660

B. Rs. 285460

C. Rs. 286060

D. Rs. 285860

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (621000 × 23 × 2)/100 = 285660.

This question belongs to: Maths Simple Interest

Question #2

Share Report

A sum of Rs. 2295000 amounts to Rs. 3213000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 918000. R = (918000 × 100)/(2295000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Share Report

Simple interest on Rs. 2727000 for 2 years at 68% per annum is

A. Rs. 3708920

B. Rs. 3708720

C. Rs. 3708520

D. Rs. 3709120

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (2727000 × 68 × 2)/100 = 3708720.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs