Simple interest on Rs. 2817000 for 2 years at 70% per annum is MCQ with Answer and Explanation

Question

Share Report Error

Simple interest on Rs. 2817000 for 2 years at 70% per annum is

A. Rs. 3944000

B. Rs. 3943800

C. Rs. 3944200

D. Rs. 3943600

Answer: Option B

Solution (By JKExamLibrary)

SI = (2817000 × 70 × 2)/100 = 3943800.

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

A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 36000

B. Rs. 37000

C. Rs. 34000

D. Rs. 35000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 2358000 amounts to Rs. 3065400 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 707400. R = (707400 × 100)/(2358000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2412000 for 2 years at 61% per annum is

A. Rs. 2942840

B. Rs. 2942640

C. Rs. 2942440

D. Rs. 2943040

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (2412000 × 61 × 2)/100 = 2942640.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs