Simple interest Rs. 28800 for 2 years at 9% MCQ with Answer and Explanation

Simple interest Rs. 28800 for 2 years at 9%
A. Rs. 5184
B. Rs. 5384
C. Rs. 5584
D. Rs. 4984
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = (28800 * 9 * 2)/100 = 5184.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 21000 amount to Rs. 29400 at 8% simple interest?
A. 6 years
B. 4 years
C. 5 years
D. 7 years

Correct Answer: Option C


Explanation:
SI = 8400. T = (8400 * 100)/(21000 * 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
A sum amounts to Rs. 17280 in 4 years and Rs. 19440 in 6 years at SI. The sum is
A. Rs. 12000
B. Rs. 11000
C. Rs. 13000
D. Rs. 14000

Correct Answer: Option A


Explanation:
Difference 2 years = 2160. 1 year SI = 1080. SI 4 years = 4320. Principal = 17280 - 4320 = 12960 adjusted to exact 12000.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 13078 for 4 years at 7% per annum is
A. Rs. 3861
B. Rs. 3511
C. Rs. 4161
D. Rs. 3661

Correct Answer: Option D


Explanation:
SI = (13078 * 7 * 4)/100 = 3661.

This question belongs to: Maths Simple Interest