Simple interest on Rs. 3042000 for 2 years at 75% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3042000 for 2 years at 75% per annum is

A. Rs. 4563200

B. Rs. 4563400

C. Rs. 4562800

D. Rs. 4563000

Answer: Option D

SI = (3042000 × 75 × 2)/100 = 4563000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

In how many years will Rs. 2511000 amount to Rs. 3515400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 1004400. T = (1004400 × 100)/(2511000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 171000 amount to Rs. 239400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 68400. T = (68400 × 100)/(171000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 972000 for 2 years at 29% per annum is

A. Rs. 564160

B. Rs. 563960

C. Rs. 563760

D. Rs. 563560

Correct Answer: Option C

Explanation:
SI = (972000 × 29 × 2)/100 = 563760.

This question belongs to: Maths Simple Interest