Simple interest on Rs. 4392000 for 2 years at 103% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 4392000 for 2 years at 103% per annum is

A. Rs. 9047520

B. Rs. 9047720

C. Rs. 9047320

D. Rs. 9047920

Answer: Option A

SI = (4392000 × 103 × 2)/100 = 9047520.

This question belongs to: Maths Simple Interest

No comments yet. Be the first to start the discussion!

Question #1 Report Error

In how many years will Rs. 1116000 amount to Rs. 1562400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

Correct Answer: Option C

Explanation:
SI = 446400. T = (446400 × 100)/(1116000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

Correct Answer: Option B

Explanation:
SI = 39600. T = (39600 × 100)/(99000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 1467000 for 2 years at 40% per annum is

A. Rs. 1173600

B. Rs. 1173800

C. Rs. 1174000

D. Rs. 1173400

Correct Answer: Option A

Explanation:
SI = (1467000 × 40 × 2)/100 = 1173600.

This question belongs to: Maths Simple Interest