A sum at 15% SI for 4 years amounts to Rs. 336000. Principal MCQ with Answer and Explanation

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A sum at 15% SI for 4 years amounts to Rs. 336000. Principal

A. Rs. 210000

B. Rs. 208000

C. Rs. 211000

D. Rs. 209000

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 126000. P = 336000 - 126000 = 210000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of money triples itself in 20 years at simple interest. The rate is

A. 8%

B. 10%

C. 15%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 2P. R = (200 × 100)/(P × 20) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 108000 for 3 years at 8% per annum is

A. Rs. 26320

B. Rs. 26120

C. Rs. 25720

D. Rs. 25920

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Correct Answer: Option D

Explanation:
SI = (108000 × 8 × 3)/100 = 25920.

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Question #3

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A sum of Rs. 4140000 amounts to Rs. 5796000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1656000. R = (1656000 × 100)/(4140000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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