Simple interest on Rs. 1242000 for 2 years at 35% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 1242000 for 2 years at 35% per annum is

A. Rs. 869200

B. Rs. 869600

C. Rs. 869800

D. Rs. 869400

Answer: Option D

SI = (1242000 × 35 × 2)/100 = 869400.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The principal that gives Rs. 1058400 interest in 8 years at 13% SI is

A. Rs. 1013500

B. Rs. 1010500

C. Rs. 1012500

D. Rs. 1011500

Correct Answer: Option C

Explanation:
P = (1058400 × 100)/(13 × 8) = 1012500.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 432000 for 3 years at 15% per annum is

A. Rs. 194400

B. Rs. 194800

C. Rs. 194200

D. Rs. 194600

Correct Answer: Option A

Explanation:
SI = (432000 × 15 × 3)/100 = 194400.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 378000 amounts to Rs. 491400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Correct Answer: Option A

Explanation:
SI = 113400. R = (113400 × 100)/(378000 × 3) = 10%.

This question belongs to: Maths Simple Interest