Simple interest on Rs. 3762000 for 2 years at 91% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 3762000 for 2 years at 91% per annum is
A. Rs. 6846840
B. Rs. 6847040
C. Rs. 6847240
D. Rs. 6846640
Answer: Option A
Solution (By JKExamLibrary)
SI = (3762000 × 91 × 2)/100 = 6846840.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 6476400 interest in 9 years at 23% SI is
A. Rs. 3121000
B. Rs. 3118000
C. Rs. 3120000
D. Rs. 3119000

Correct Answer: Option C


Explanation:
P = (6476400 × 100)/(23 × 9) = 3120000.

This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 2151000 amount to Rs. 3011400 at 8% simple interest?
A. 6 years
B. 7 years
C. 5 years
D. 4 years

Correct Answer: Option C


Explanation:
SI = 860400. T = (860400 × 100)/(2151000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 2601000 amount to Rs. 3641400 at 8% simple interest?
A. 6 years
B. 4 years
C. 7 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 1040400. T = (1040400 × 100)/(2601000 × 8) = 5 years.

This question belongs to: Maths Simple Interest