Simple interest on Rs. 369000 for 2 years at 16% per annum is MCQ with Answer and Explanation
Question
Report Error
Discuss this Question (0)
Practice More Simple Interest Questions
Question #1
Report Error
The rate at which Rs. 234000 amounts to Rs. 304200 in 3 years is
Correct Answer: Option A
Explanation:
SI = 70200. R = (70200 × 100)/(234000 × 3) = 10%.
SI = 70200. R = (70200 × 100)/(234000 × 3) = 10%.
This question belongs to:
Maths
Simple Interest
Question #2
Report Error
In how many years will Rs. 3006000 amount to Rs. 4208400 at 8% simple interest?
Correct Answer: Option C
Explanation:
SI = 1202400. T = (1202400 × 100)/(3006000 × 8) = 5 years.
SI = 1202400. T = (1202400 × 100)/(3006000 × 8) = 5 years.
This question belongs to:
Maths
Simple Interest
Question #3
Report Error
The rate of interest at which Rs. 6000 gives Rs. 1200 interest in 4 years is
Correct Answer: Option D
Explanation:
R = (1200 × 100)/(6000 × 4) = 5%.
R = (1200 × 100)/(6000 × 4) = 5%.
This question belongs to:
Maths
Simple Interest
No comments yet. Be the first to start the discussion!