Simple interest on Rs. 3537000 for 2 years at 86% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 3537000 for 2 years at 86% per annum is

A. Rs. 6088240

B. Rs. 6088840

C. Rs. 6088440

D. Rs. 6088640

Answer: Option C

Solution (By JKExamLibrary)

SI = (3537000 × 86 × 2)/100 = 6088440.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 10627200 interest in 8 years at 35% SI is

A. Rs. 3801000

B. Rs. 3799000

C. Rs. 3800000

D. Rs. 3798000

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Correct Answer: Option C

Explanation:
P = (10627200 × 100)/(35 × 8) = 3800000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Years for Rs. 294000 at 9% to give Rs. 158760 interest

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option B

Explanation:
T = (158760 * 100)/(294000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

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