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. 10000

C. Rs. 11000

D. Rs. 13000

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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A sum of Rs. 135000 amounts to Rs. 189000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 54000. R = (54000 × 100)/(135000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 441000 amount to Rs. 617400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 176400. T = (176400 × 100)/(441000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 140400. R = (140400 × 100)/(468000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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