Simple interest on Rs. 1017000 for 2 years at 30% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 1017000 for 2 years at 30% per annum is

A. Rs. 610000

B. Rs. 610600

C. Rs. 610400

D. Rs. 610200

Answer: Option D

Solution (By JKExamLibrary)

SI = (1017000 × 30 × 2)/100 = 610200.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal that gives Rs. 151200 interest in 6 years at 7% SI is

A. Rs. 358000

B. Rs. 361000

C. Rs. 359000

D. Rs. 360000

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
P = (151200 × 100)/(7 × 6) = 360000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The sum that amounts to Rs. 28800 in 5 years at 8% SI

A. Rs. 17200

B. Rs. 18200

C. Rs. 20200

D. Rs. 19200

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 9600. P = 28800 - 9600 = 19200.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 1503000 amounts to Rs. 1953900 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 450900. R = (450900 × 100)/(1503000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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