The interest on a sum of Rs. 2000 for 3 years at R% is Rs. 360. What is R? MCQ with Answer and Explanation

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

A. 6

B. 4

C. 8

D. 5

Answer: Option A

Solution (By JKExamLibrary)

R = (360 × 100)/(2000 × 3) = 6.

This question belongs to: Maths Simple Interest

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The sum that amounts to Rs. 28800 in 5 years at 8% SI

A. Rs. 20200

B. Rs. 19200

C. Rs. 17200

D. Rs. 18200

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Correct Answer: Option B

Explanation:
SI = 9600. P = 28800 - 9600 = 19200.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 3222000 for 2 years at 79% per annum is

A. Rs. 5090760

B. Rs. 5091160

C. Rs. 5090560

D. Rs. 5090960

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Correct Answer: Option A

Explanation:
SI = (3222000 × 79 × 2)/100 = 5090760.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 1404000 for 3 years at 36% per annum is

A. Rs. 1516520

B. Rs. 1516720

C. Rs. 1516320

D. Rs. 1516120

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Correct Answer: Option C

Explanation:
SI = (1404000 × 36 × 3)/100 = 1516320.

This question belongs to: Maths Simple Interest

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