Simple interest on Rs. 981000 for 2 years at 33% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 981000 for 2 years at 33% per annum is

A. Rs. 647660

B. Rs. 647260

C. Rs. 647460

D. Rs. 647860

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (981000 × 33 × 2)/100 = 647460.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4149000 for 3 years at 97% per annum is

A. Rs. 12069930

B. Rs. 12070130

C. Rs. 12070330

D. Rs. 12069730

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Correct Answer: Option A

Explanation:
SI = (4149000 × 97 × 3)/100 = 12069930.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2070000 amounts to Rs. 2898000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 828000. R = (828000 × 100)/(2070000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 14364000 interest in 9 years at 35% SI is

A. Rs. 4551000

B. Rs. 4549000

C. Rs. 4550000

D. Rs. 4548000

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Correct Answer: Option C

Explanation:
P = (14364000 × 100)/(35 × 9) = 4550000.

This question belongs to: Maths Simple Interest

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