Simple interest on Rs. 1287000 for 2 years at 36% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1287000 for 2 years at 36% per annum is

A. Rs. 926640

B. Rs. 926440

C. Rs. 927040

D. Rs. 926840

Answer: Option A

Solution (By JKExamLibrary)

SI = (1287000 × 36 × 2)/100 = 926640.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 25200 interest in 6 years at 7% SI is

A. Rs. 61000

B. Rs. 59000

C. Rs. 60000

D. Rs. 58000

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Correct Answer: Option C

Explanation:
P = (25200 × 100)/(7 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 194880 in 5 years at 10% SI. Principal

A. Rs. 132000

B. Rs. 133000

C. Rs. 131000

D. Rs. 134000

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Correct Answer: Option B

Explanation:
SI = 61880. P = 194880 - 61880 = 133000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4104000 for 3 years at 96% per annum is

A. Rs. 11819320

B. Rs. 11819920

C. Rs. 11819720

D. Rs. 11819520

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Correct Answer: Option D

Explanation:
SI = (4104000 × 96 × 3)/100 = 11819520.

This question belongs to: Maths Simple Interest

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