Simple interest on Rs. 2772000 for 2 years at 69% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 2772000 for 2 years at 69% per annum is

A. Rs. 3825560

B. Rs. 3825360

C. Rs. 3825160

D. Rs. 3825760

Answer: Option B

Solution (By JKExamLibrary)

SI = (2772000 × 69 × 2)/100 = 3825360.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

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In how many years will Rs. 1431000 amount to Rs. 2003400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 572400. T = (572400 × 100)/(1431000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Years for Rs. 154000 at 5% to give Rs. 46200 interest

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option D

Explanation:
T = (46200 * 100)/(154000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 3357000 for 2 years at 82% per annum is

A. Rs. 5505280

B. Rs. 5505880

C. Rs. 5505680

D. Rs. 5505480

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Correct Answer: Option D

Explanation:
SI = (3357000 × 82 × 2)/100 = 5505480.

This question belongs to: Maths Simple Interest

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