SI on Rs. 42000 for 2 years at 5% MCQ with Answer and Explanation

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SI on Rs. 42000 for 2 years at 5%

A. Rs. 4400

B. Rs. 4200

C. Rs. 4600

D. Rs. 4000

Answer: Option B

Solution (By JKExamLibrary)

SI = (42000 * 5 * 2)/100 = 4200.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 5000 becomes Rs. 6200 in 3 years at simple interest. The rate percent per annum is

A. 12

B. 10

C. 8

D. 6

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Correct Answer: Option C

Explanation:
SI = 1200. R = (1200 × 100)/(5000 × 3) = 8%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3897000 for 2 years at 94% per annum is

A. Rs. 7326160

B. Rs. 7326360

C. Rs. 7326560

D. Rs. 7326760

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Correct Answer: Option B

Explanation:
SI = (3897000 × 94 × 2)/100 = 7326360.

This question belongs to: Maths Simple Interest

Question #3

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SI on Rs. 171500 for 5 years at 4%

A. Rs. 34100

B. Rs. 34300

C. Rs. 34700

D. Rs. 34500

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Correct Answer: Option B

Explanation:
SI = (171500 * 4 * 5)/100 = 34300.

This question belongs to: Maths Simple Interest

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