A sum at 12% SI for 5 years gives Rs. 7200 interest. Sum MCQ with Answer and Explanation

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A sum at 12% SI for 5 years gives Rs. 7200 interest. Sum

A. Rs. 12000

B. Rs. 13000

C. Rs. 10000

D. Rs. 11000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (7200 * 100)/(12 * 5) = 12000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 3051000 amount to Rs. 4271400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1220400. T = (1220400 × 100)/(3051000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 792000 for 2 years at 25% per annum is

A. Rs. 396400

B. Rs. 396200

C. Rs. 396000

D. Rs. 395800

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Correct Answer: Option C

Explanation:
SI = (792000 × 25 × 2)/100 = 396000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16806

B. Rs. 16956

C. Rs. 17156

D. Rs. 17456

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Correct Answer: Option B

Explanation:
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

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