Simple interest on Rs. 4347000 for 2 years at 102% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4347000 for 2 years at 102% per annum is

A. Rs. 8868080

B. Rs. 8868280

C. Rs. 8867880

D. Rs. 8867680

Answer: Option C

Solution (By JKExamLibrary)

SI = (4347000 × 102 × 2)/100 = 8867880.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 6710400 interest in 8 years at 28% SI is

A. Rs. 2998000

B. Rs. 3000000

C. Rs. 2999000

D. Rs. 3001000

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Correct Answer: Option B

Explanation:
P = (6710400 × 100)/(28 × 8) = 3000000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4527000 for 2 years at 106% per annum is

A. Rs. 9603640

B. Rs. 9603240

C. Rs. 9603440

D. Rs. 9603040

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Correct Answer: Option B

Explanation:
SI = (4527000 × 106 × 2)/100 = 9603240.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 90000 for 3 years at 7% per annum is

A. Rs. 18700

B. Rs. 18900

C. Rs. 19300

D. Rs. 19100

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Correct Answer: Option B

Explanation:
SI = (90000 × 7 × 3)/100 = 18900.

This question belongs to: Maths Simple Interest

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