Simple interest on Rs. 801000 for 2 years at 28% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 801000 for 2 years at 28% per annum is

A. Rs. 448560

B. Rs. 448760

C. Rs. 448360

D. Rs. 448960

Answer: Option A

SI = (801000 × 28 × 2)/100 = 448560.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The interest on a sum of Rs. 2000 for 3 years at R% is Rs. 360. What is R?

A. 5

B. 6

C. 4

D. 8

Correct Answer: Option B

Explanation:
R = (360 × 100)/(2000 × 3) = 6.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 16500 for 4 years at 10%

A. Rs. 6800

B. Rs. 6600

C. Rs. 7000

D. Rs. 6400

Correct Answer: Option B

Explanation:
SI = (16500 * 10 * 4)/100 = 6600.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 2808000 amounts to Rs. 3650400 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

Correct Answer: Option D

Explanation:
SI = 842400. R = (842400 × 100)/(2808000 × 3) = 10%.

This question belongs to: Maths Simple Interest