Simple interest on Rs. 522000 for 2 years at 19% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 522000 for 2 years at 19% per annum is

A. Rs. 198160

B. Rs. 198760

C. Rs. 198360

D. Rs. 198560

Answer: Option C

Solution (By JKExamLibrary)

SI = (522000 × 19 × 2)/100 = 198360.

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. 4473000 amounts to Rs. 5814900 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2547000 for 2 years at 64% per annum is

A. Rs. 3258920

B. Rs. 3258520

C. Rs. 3259120

D. Rs. 3258720

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Correct Answer: Option D

Explanation:
SI = (2547000 × 64 × 2)/100 = 3258720.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 1747200 interest in 8 years at 16% SI is

A. Rs. 1365000

B. Rs. 1363000

C. Rs. 1364000

D. Rs. 1366000

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Correct Answer: Option A

Explanation:
P = (1747200 × 100)/(16 × 8) = 1365000.

This question belongs to: Maths Simple Interest

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