Simple interest on Rs. 112000 for 2 years at 7% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 112000 for 2 years at 7% per annum is

A. Rs. 16080

B. Rs. 15480

C. Rs. 15680

D. Rs. 15880

Answer: Option C

Solution (By JKExamLibrary)

SI = (112000 × 7 × 2)/100 = 15680.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 16500 amounts to Rs. 23100 in 4 years is

A. 8%

B. 10%

C. 15%

D. 12%

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 6600. R = (6600 * 100)/(16500 * 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 56000 for 2 years at 9% is

A. Rs. 10680

B. Rs. 10080

C. Rs. 10280

D. Rs. 9880

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = (56000 × 9 × 2)/100 = 10080.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 19135 amounts to Rs. 28702 in 10 years at simple interest. Rate is

A. 7%

B. 4%

C. 5%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 9567. R = (9567 * 100)/(19135 * 10) = 5%.

This question belongs to: Maths Simple Interest

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