Simple interest on Rs. 1602000 for 2 years at 43% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 1602000 for 2 years at 43% per annum is

A. Rs. 1377720

B. Rs. 1378120

C. Rs. 1377520

D. Rs. 1377920

Answer: Option A

Solution (By JKExamLibrary)

SI = (1602000 × 43 × 2)/100 = 1377720.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Rate when Rs. 147000 amounts to Rs. 191100 in 3 years

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 44100. R = (44100 * 100)/(147000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 333000 amounts to Rs. 432900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 99900. R = (99900 × 100)/(333000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 3879000 for 3 years at 91% per annum is

A. Rs. 10600930

B. Rs. 10601130

C. Rs. 10601330

D. Rs. 10601530

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest

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