In how many years will Rs. 31500 amount to Rs. 47250 at 10% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 31500 amount to Rs. 47250 at 10% simple interest?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 15750. T = (15750 × 100)/(31500 × 10) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1989000 for 3 years at 49% per annum is

A. Rs. 2924430

B. Rs. 2924630

C. Rs. 2924830

D. Rs. 2924230

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Correct Answer: Option A

Explanation:
SI = (1989000 × 49 × 3)/100 = 2924430.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 15552000 interest in 9 years at 36% SI is

A. Rs. 4801000

B. Rs. 4800000

C. Rs. 4799000

D. Rs. 4798000

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Correct Answer: Option B

Explanation:
P = (15552000 × 100)/(36 × 9) = 4800000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1584000 for 3 years at 40% per annum is

A. Rs. 1900600

B. Rs. 1901000

C. Rs. 1900800

D. Rs. 1901200

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Correct Answer: Option C

Explanation:
SI = (1584000 × 40 × 3)/100 = 1900800.

This question belongs to: Maths Simple Interest

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