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

Question
Simple interest on Rs. 94500 for 2 years at 13%
A. Rs. 24970
B. Rs. 24570
C. Rs. 24370
D. Rs. 24770
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = (94500 * 13 * 2)/100 = 24570.
This question belongs to: Maths Simple Interest
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Question #1
Simple interest on Rs. 2232000 for 2 years at 57% per annum is
A. Rs. 2544280
B. Rs. 2544680
C. Rs. 2544880
D. Rs. 2544480
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Correct Answer: Option D

Explanation:
SI = (2232000 × 57 × 2)/100 = 2544480.
This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 2822400 interest in 9 years at 16% SI is
A. Rs. 1958000
B. Rs. 1959000
C. Rs. 1960000
D. Rs. 1961000
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Correct Answer: Option C

Explanation:
P = (2822400 × 100)/(16 × 9) = 1960000.
This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 459000 amount to Rs. 642600 at 8% simple interest?
A. 5 years
B. 6 years
C. 4 years
D. 7 years
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Correct Answer: Option A

Explanation:
SI = 183600. T = (183600 × 100)/(459000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
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