Simple interest on Rs. 1737000 for 2 years at 46% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 1737000 for 2 years at 46% per annum is

A. Rs. 1598040

B. Rs. 1597840

C. Rs. 1598240

D. Rs. 1598440

Answer: Option A

Solution (By JKExamLibrary)

SI = (1737000 × 46 × 2)/100 = 1598040.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

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A sum of Rs. 198000 amounts to Rs. 277200 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 79200. R = (79200 × 100)/(198000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 176400 interest in 7 years at 9% SI is

A. Rs. 280000

B. Rs. 279000

C. Rs. 278000

D. Rs. 281000

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Correct Answer: Option A

Explanation:
P = (176400 × 100)/(9 × 7) = 280000.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 585900. R = (585900 × 100)/(1953000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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