Simple interest on Rs. 2592000 for 2 years at 65% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 2592000 for 2 years at 65% per annum is

A. Rs. 3369600

B. Rs. 3370000 approx adjusted

C. Rs. 3370200

D. Rs. 3369800

Answer: Option B

SI = (2592000 × 65 × 2)/100 = 3369600.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 3060000 amounts to Rs. 4284000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

Correct Answer: Option A

Explanation:
SI = 1224000. R = (1224000 × 100)/(3060000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 225000 for 2 years at 12% per annum is

A. Rs. 53800

B. Rs. 54000

C. Rs. 54200

D. Rs. 54400

Correct Answer: Option B

Explanation:
SI = (225000 × 12 × 2)/100 = 54000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 45000 amounts to Rs. 58500 in 3 years at simple interest. The rate is

A. 8%

B. 9%

C. 10%

D. 12%

Correct Answer: Option C

Explanation:
SI = 13500. R = (13500 × 100)/(45000 × 3) = 10%.

This question belongs to: Maths Simple Interest