Simple interest on Rs. 20133 for 2 years at 7% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 20133 for 2 years at 7% per annum is

A. Rs. 2818

B. Rs. 3318

C. Rs. 2668

D. Rs. 3018

Answer: Option A

SI = (20133 * 7 * 2)/100 = 2818.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

Simple interest on Rs. 2844000 for 3 years at 68% per annum is

A. Rs. 5801960

B. Rs. 5802160

C. Rs. 5801760

D. Rs. 5801560

Correct Answer: Option C

Explanation:
SI = (2844000 × 68 × 3)/100 = 5801760.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 684000 for 3 years at 22% per annum is

A. Rs. 451440

B. Rs. 451840

C. Rs. 451640

D. Rs. 451240

Correct Answer: Option A

Explanation:
SI = (684000 × 22 × 3)/100 = 451440.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 855000 amounts to Rs. 1197000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

Correct Answer: Option B

Explanation:
SI = 342000. R = (342000 × 100)/(855000 × 4) = 10%.

This question belongs to: Maths Simple Interest