Simple interest on Rs. 4077000 for 2 years at 98% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 4077000 for 2 years at 98% per annum is

A. Rs. 7990720

B. Rs. 7990920

C. Rs. 7991120

D. Rs. 7991320

Answer: Option B

Solution (By JKExamLibrary)

SI = (4077000 × 98 × 2)/100 = 7990920.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 3474000 for 3 years at 82% per annum is

A. Rs. 8550040

B. Rs. 8549640

C. Rs. 8549840

D. Rs. 8549440

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Correct Answer: Option B

Explanation:
SI = (3474000 × 82 × 3)/100 = 8549640.

This question belongs to: Maths Simple Interest

Question #2 Report Error

SI on Rs. 227500 for 5 years at 7%

A. Rs. 80025

B. Rs. 79825

C. Rs. 79425

D. Rs. 79625

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = (227500 * 7 * 5)/100 = 79625.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3238000

B. Rs. 3239000

C. Rs. 3240000

D. Rs. 3241000

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

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