Simple interest on Rs. 2277000 for 2 years at 58% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641720

B. Rs. 2641520

C. Rs. 2641120

D. Rs. 2641320

Answer: Option D

Solution (By JKExamLibrary)

SI = (2277000 × 58 × 2)/100 = 2641320.

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

Principal for Rs. 739200 interest in 7 years at 13%

A. Rs. 812000

B. Rs. 810000

C. Rs. 813000

D. Rs. 811000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (739200 * 100)/(13 * 7) = 812000 approx adjusted.

This question belongs to: Maths Simple Interest

Question #2

At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years?

A. 8%

B. 4%

C. 6%

D. 5%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1500. R = (1500 × 100)/(7500 × 4) = 5%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 63000 interest in 7 years at 9% SI is

A. Rs. 101000

B. Rs. 99000

C. Rs. 100000

D. Rs. 98000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs