Simple interest on Rs. 2187000 for 2 years at 56% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 2187000 for 2 years at 56% per annum is

A. Rs. 2449640

B. Rs. 2449840

C. Rs. 2449240

D. Rs. 2449440

Answer: Option D

Solution (By JKExamLibrary)

SI = (2187000 × 56 × 2)/100 = 2449440.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

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

Practice More Simple Interest Questions

Question #1

Share Report

A sum becomes Rs. 20400 after 3 years and Rs. 22800 after 5 years at simple interest. The principal is

A. Rs. 15200

B. Rs. 17600

C. Rs. 16800

D. Rs. 16000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Difference for 2 years = 2400. SI per year = 1200. SI for 3 years = 3600. Principal = 20400 - 3600 = 16800.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Simple interest on Rs. 1584000 for 3 years at 40% per annum is

A. Rs. 1901000

B. Rs. 1901200

C. Rs. 1900800

D. Rs. 1900600

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (1584000 × 40 × 3)/100 = 1900800.

This question belongs to: Maths Simple Interest

Question #3

Share Report

In how many years will Rs. 1701000 amount to Rs. 2381400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 680400. T = (680400 × 100)/(1701000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs