Simple interest on Rs. 1692000 for 2 years at 45% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1692000 for 2 years at 45% per annum is

A. Rs. 1522800

B. Rs. 1523200

C. Rs. 1523000

D. Rs. 1522600

Answer: Option A

Solution (By JKExamLibrary)

SI = (1692000 × 45 × 2)/100 = 1522800.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1647000 for 2 years at 44% per annum is

A. Rs. 1449160

B. Rs. 1449760

C. Rs. 1449360

D. Rs. 1449560

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Correct Answer: Option C

Explanation:
SI = (1647000 × 44 × 2)/100 = 1449360.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 4410000 interest in 8 years at 22% SI is

A. Rs. 2498000

B. Rs. 2499000

C. Rs. 2500000

D. Rs. 2501000

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Correct Answer: Option C

Explanation:
P = (4410000 × 100)/(22 × 8) = 2500000.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 95760 in 5 years at 8% SI. Principal

A. Rs. 64000

B. Rs. 62000

C. Rs. 63000

D. Rs. 61000

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Correct Answer: Option C

Explanation:
SI = 32760. P = 95760 - 32760 = 63000.

This question belongs to: Maths Simple Interest

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