Simple interest on Rs. 4527000 for 2 years at 106% per annum is MCQ with Answer and Explanation

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

A. Rs. 9603440

B. Rs. 9603240

C. Rs. 9603040

D. Rs. 9603640

Answer: Option B

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

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 540000 amounts to Rs. 756000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 10%

D. 8%

Correct Answer: Option C

Explanation:
SI = 216000. R = (216000 × 100)/(540000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 75000 for 4 years at 5% per annum is

A. Rs. 15400

B. Rs. 15200

C. Rs. 15000

D. Rs. 14800

Correct Answer: Option C

Explanation:
SI = (75000 × 5 × 4)/100 = 15000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 162000 for 2 years at 11% per annum is

A. Rs. 35640

B. Rs. 35840

C. Rs. 35440

D. Rs. 36040

Correct Answer: Option A

Explanation:
SI = (162000 × 11 × 2)/100 = 35640.

This question belongs to: Maths Simple Interest