Simple interest on Rs. 945000 for 2 years at 32% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 945000 for 2 years at 32% per annum is

A. Rs. 605200

B. Rs. 604800

C. Rs. 604600

D. Rs. 605000

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (945000 × 32 × 2)/100 = 604800.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 1234800 interest in 9 years at 13% SI is

A. Rs. 1057000

B. Rs. 1054000

C. Rs. 1055000

D. Rs. 1056000

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Correct Answer: Option D

Explanation:
P = (1234800 × 100)/(13 × 9) = 1056000.

This question belongs to: Maths Simple Interest

Question #2

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The principal giving Rs. 638400 SI in 7 years at 13%

A. Rs. 699000

B. Rs. 700000

C. Rs. 698000

D. Rs. 701000

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Correct Answer: Option B

Explanation:
P = (638400 * 100)/(13 * 7) = 700000.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 88200 interest in 6 years at 7% SI is

A. Rs. 208000

B. Rs. 211000

C. Rs. 209000

D. Rs. 210000

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Correct Answer: Option D

Explanation:
P = (88200 × 100)/(7 × 6) = 210000.

This question belongs to: Maths Simple Interest

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