Simple interest on Rs. 693000 for 2 years at 25% per annum is MCQ with Answer and Explanation

Question Report Error

Simple interest on Rs. 693000 for 2 years at 25% per annum is

A. Rs. 346900

B. Rs. 346300

C. Rs. 346500

D. Rs. 346700

Answer: Option C

Solution (By JKExamLibrary)

SI = (693000 × 25 × 2)/100 = 346500.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 1377000 for 2 years at 38% per annum is

A. Rs. 1046520

B. Rs. 1046320

C. Rs. 1046720

D. Rs. 1046920

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (1377000 × 38 × 2)/100 = 1046520.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4167000 for 2 years at 100% per annum is

A. Rs. 8334200

B. Rs. 8334000

C. Rs. 8334400

D. Rs. 8333800

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = (4167000 × 100 × 2)/100 = 8334000.

This question belongs to: Maths Simple Interest

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