Simple interest on Rs. 3582000 for 2 years at 87% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3582000 for 2 years at 87% per annum is

A. Rs. 6233080

B. Rs. 6232480

C. Rs. 6232880

D. Rs. 6232680

Answer: Option D

Solution (By JKExamLibrary)

SI = (3582000 × 87 × 2)/100 = 6232680.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 100800 interest in 8 years at 9% SI is

A. Rs. 141000

B. Rs. 139000

C. Rs. 138000

D. Rs. 140000

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Correct Answer: Option D

Explanation:
P = (100800 × 100)/(9 × 8) = 140000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 567000 for 2 years at 20% per annum is

A. Rs. 227200

B. Rs. 226600

C. Rs. 227000

D. Rs. 226800

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Correct Answer: Option D

Explanation:
SI = (567000 × 20 × 2)/100 = 226800.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 10800 interest in 6 years at 6%

A. Rs. 30000

B. Rs. 29000

C. Rs. 28000

D. Rs. 31000

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Correct Answer: Option A

Explanation:
P = (10800 * 100)/(6 * 6) = 30000.

This question belongs to: Maths Simple Interest

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