Simple interest on Rs. 2232000 for 2 years at 57% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 2232000 for 2 years at 57% per annum is

A. Rs. 2544280

B. Rs. 2544880

C. Rs. 2544480

D. Rs. 2544680

Answer: Option C

Solution (By JKExamLibrary)

SI = (2232000 × 57 × 2)/100 = 2544480.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 486000 amounts to Rs. 631800 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 145800. R = (145800 × 100)/(486000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 36000 for 2 years at 11% per annum is

A. Rs. 8320

B. Rs. 8120

C. Rs. 7920

D. Rs. 7720

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Correct Answer: Option C

Explanation:
SI = (36000 × 11 × 2)/100 = 7920.

This question belongs to: Maths Simple Interest

Question #3 Report Error

SI on Rs. 36400 for 3 years at 11%

A. Rs. 12412

B. Rs. 11812

C. Rs. 12212

D. Rs. 12012

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Correct Answer: Option D

Explanation:
SI = (36400 * 11 * 3)/100 = 12012.

This question belongs to: Maths Simple Interest

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