Simple interest on Rs. 36000 for 2 years at 11% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 36000 for 2 years at 11% per annum is

A. Rs. 7920

B. Rs. 8320

C. Rs. 8120

D. Rs. 7720

Answer: Option A

Solution (By JKExamLibrary)

SI = (36000 × 11 × 2)/100 = 7920.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

A sum at 5% SI for 6 years amounts to Rs. 33600. Principal

A. Rs. 23000

B. Rs. 24000

C. Rs. 25000

D. Rs. 22000

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 9600. P = 33600 - 9600 = 24000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum amounts to Rs. 147840 in 5 years at 9% SI. Principal

A. Rs. 111000

B. Rs. 113000

C. Rs. 110000

D. Rs. 112000

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Correct Answer: Option D

Explanation:
SI = 35840. P = 147840 - 35840 = 112000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4014000 for 3 years at 94% per annum is

A. Rs. 11319480

B. Rs. 11319680

C. Rs. 11319280

D. Rs. 11319880

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (4014000 × 94 × 3)/100 = 11319480.

This question belongs to: Maths Simple Interest

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