Simple interest on Rs. 4572000 for 2 years at 107% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4572000 for 2 years at 107% per annum is

A. Rs. 9792280

B. Rs. 9792480

C. Rs. 9792880

D. Rs. 9792680

Answer: Option B

Solution (By JKExamLibrary)

SI = (4572000 × 107 × 2)/100 = 9792480.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 873000 for 2 years at 30% per annum is

A. Rs. 523600

B. Rs. 524000

C. Rs. 523800

D. Rs. 524200

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Correct Answer: Option C

Explanation:
SI = (873000 × 30 × 2)/100 = 523800.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3357000 for 2 years at 82% per annum is

A. Rs. 5505880

B. Rs. 5505680

C. Rs. 5505480

D. Rs. 5505280

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Correct Answer: Option C

Explanation:
SI = (3357000 × 82 × 2)/100 = 5505480.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1620000 amounts to Rs. 2268000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 648000. R = (648000 × 100)/(1620000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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