Simple interest on Rs. 3357000 for 2 years at 82% per annum is MCQ with Answer and Explanation

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

A. Rs. 5505280

B. Rs. 5505480

C. Rs. 5505680

D. Rs. 5505880

Answer: Option B

Solution (By JKExamLibrary)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 25200 interest in 6 years at 7% SI is

A. Rs. 61000

B. Rs. 59000

C. Rs. 58000

D. Rs. 60000

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Correct Answer: Option D

Explanation:
P = (25200 × 100)/(7 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4068000 amounts to Rs. 5288400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1220400. R = (1220400 × 100)/(4068000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 522000 for 2 years at 19% per annum is

A. Rs. 198360

B. Rs. 198160

C. Rs. 198760

D. Rs. 198560

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Correct Answer: Option A

Explanation:
SI = (522000 × 19 × 2)/100 = 198360.

This question belongs to: Maths Simple Interest

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