Simple interest on Rs. 81000 for 2 years at 9% per annum is MCQ with Answer and Explanation

Simple interest on Rs. 81000 for 2 years at 9% per annum is

A. Rs. 14780

B. Rs. 14980

C. Rs. 14580

D. Rs. 14380

Answer: Option C

SI = (81000 × 9 × 2)/100 = 14580.

This question belongs to: Maths Simple Interest

No comments yet. Be the first to start the discussion!

Question #1 Report Error

A sum of Rs. 1530000 amounts to Rs. 2142000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

Correct Answer: Option B

Explanation:
SI = 612000. R = (612000 × 100)/(1530000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 5832000 interest in 8 years at 26% SI is

A. Rs. 2799000

B. Rs. 2800000

C. Rs. 2798000

D. Rs. 2801000

Correct Answer: Option B

Explanation:
P = (5832000 × 100)/(26 × 8) = 2800000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 2061000 amount to Rs. 2885400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 824400. T = (824400 × 100)/(2061000 × 8) = 5 years.

This question belongs to: Maths Simple Interest