Simple interest on Rs. 1467000 for 2 years at 40% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 1467000 for 2 years at 40% per annum is

A. Rs. 1174000

B. Rs. 1173800

C. Rs. 1173600

D. Rs. 1173400

Answer: Option C

Solution (By JKExamLibrary)

SI = (1467000 × 40 × 2)/100 = 1173600.

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. 378000 interest in 9 years at 10% SI is

A. Rs. 420000

B. Rs. 419000

C. Rs. 421000

D. Rs. 418000

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Correct Answer: Option A

Explanation:
P = (378000 × 100)/(10 × 9) = 420000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 1701000 amount to Rs. 2381400 at 8% simple interest?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 680400. T = (680400 × 100)/(1701000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 10%

D. 12%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 1476000. R = (1476000 × 100)/(3690000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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