In how many years Rs. 22964 will amount to Rs. 34216 at 7% simple interest? MCQ with Answer and Explanation

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In how many years Rs. 22964 will amount to Rs. 34216 at 7% simple interest?

A. 8 years

B. 7 years

C. 9 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 11252. T = (11252 * 100)/(22964 * 7) = 7 years.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3519000 for 3 years at 83% per annum is

A. Rs. 8765370

B. Rs. 8765170

C. Rs. 8765770

D. Rs. 8765570

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Correct Answer: Option A

Explanation:
SI = (3519000 × 83 × 3)/100 = 8765370.

This question belongs to: Maths Simple Interest

Question #2

SI on Rs. 115500 for 3 years at 12%

A. Rs. 41780

B. Rs. 41580

C. Rs. 41980

D. Rs. 41380

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Correct Answer: Option B

Explanation:
SI = (115500 * 12 * 3)/100 = 41580.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 37800 interest in 9 years at 5%

A. Rs. 82000

B. Rs. 83000

C. Rs. 85000

D. Rs. 84000

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Correct Answer: Option D

Explanation:
P = (37800 * 100)/(5 * 9) = 84000.

This question belongs to: Maths Simple Interest

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