Simple interest on Rs. 441000 for 2 years at 18% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 441000 for 2 years at 18% per annum is

A. Rs. 158960

B. Rs. 158760

C. Rs. 158560

D. Rs. 159160

Answer: Option B

Solution (By JKExamLibrary)

SI = (441000 × 18 × 2)/100 = 158760.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 15840000 interest in 8 years at 44% SI is

A. Rs. 4498000

B. Rs. 4501000

C. Rs. 4500000

D. Rs. 4499000

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Correct Answer: Option C

Explanation:
P = (15840000 × 100)/(44 × 8) = 4500000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 504000 amounts to Rs. 655200 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 151200. R = (151200 × 100)/(504000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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