Simple interest on Rs. 2682000 for 2 years at 67% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 2682000 for 2 years at 67% per annum is

A. Rs. 3593680

B. Rs. 3594280

C. Rs. 3594080

D. Rs. 3593880

Answer: Option D

Solution (By JKExamLibrary)

SI = (2682000 × 67 × 2)/100 = 3593880.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal giving Rs. 30240 SI in 8 years at 7%

A. Rs. 55000

B. Rs. 52000

C. Rs. 53000

D. Rs. 54000

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Correct Answer: Option D

Explanation:
P = (30240 * 100)/(7 * 8) = 54000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 234000 amounts to Rs. 327600 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 93600. R = (93600 × 100)/(234000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 4185000 amounts to Rs. 5859000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 1674000. R = (1674000 × 100)/(4185000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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