Simple interest on Rs. 162000 for 2 years at 11% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 162000 for 2 years at 11% per annum is

A. Rs. 36040

B. Rs. 35840

C. Rs. 35440

D. Rs. 35640

Answer: Option D

Solution (By JKExamLibrary)

SI = (162000 × 11 × 2)/100 = 35640.

This question belongs to: Maths Simple Interest

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 882000 for 2 years at 27% per annum is

A. Rs. 476280

B. Rs. 476680

C. Rs. 476480

D. Rs. 476080

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (882000 × 27 × 2)/100 = 476280.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 1026000 amount to Rs. 1436400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 410400. T = (410400 × 100)/(1026000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 765000 for 2 years at 27% per annum is

A. Rs. 412900

B. Rs. 413300

C. Rs. 413100

D. Rs. 413500

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (765000 × 27 × 2)/100 = 413100.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs