Simple interest on Rs. 2664000 for 3 years at 64% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 2664000 for 3 years at 64% per annum is

A. Rs. 5114680

B. Rs. 5115280

C. Rs. 5114880

D. Rs. 5115080

Answer: Option C

Solution (By JKExamLibrary)

SI = (2664000 × 64 × 3)/100 = 5114880.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

A sum doubles in 8 years at simple interest. Rate is

A. 8%

B. 12.5%

C. 15%

D. 10%

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Correct Answer: Option B

Explanation:
R = 100/8 = 12.5%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 201600 interest in 8 years at 9% SI is

A. Rs. 280000

B. Rs. 281000

C. Rs. 278000

D. Rs. 279000

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Correct Answer: Option A

Explanation:
P = (201600 × 100)/(9 × 8) = 280000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal giving Rs. 151200 SI in 9 years at 8%

A. Rs. 208000

B. Rs. 209000

C. Rs. 211000

D. Rs. 210000

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Correct Answer: Option D

Explanation:
P = (151200 * 100)/(8 * 9) = 210000.

This question belongs to: Maths Simple Interest

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