Simple interest on Rs. 3717000 for 2 years at 90% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3717000 for 2 years at 90% per annum is

A. Rs. 6690400

B. Rs. 6690800

C. Rs. 6691000

D. Rs. 6690600

Answer: Option D

SI = (3717000 × 90 × 2)/100 = 6690600.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

In how many years will Rs. 1701000 amount to Rs. 2381400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 680400. T = (680400 × 100)/(1701000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 513000 for 2 years at 20% per annum is

A. Rs. 205400

B. Rs. 205600

C. Rs. 205000

D. Rs. 205200

Correct Answer: Option D

Explanation:
SI = (513000 × 20 × 2)/100 = 205200.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 61000

B. Rs. 58000

C. Rs. 59000

D. Rs. 60000

Correct Answer: Option D

Explanation:
P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest