Principal for Rs. 134400 interest in 8 years at 12% MCQ with Answer and Explanation

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Principal for Rs. 134400 interest in 8 years at 12%

A. Rs. 139000

B. Rs. 138000

C. Rs. 141000

D. Rs. 140000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (134400 * 100)/(12 * 8) = 140000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 180000 amounts to Rs. 252000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 72000. R = (72000 × 100)/(180000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 162000 amounts to Rs. 226800 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 64800. R = (64800 × 100)/(162000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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SI on Rs. 227500 for 5 years at 7%

A. Rs. 80025

B. Rs. 79425

C. Rs. 79825

D. Rs. 79625

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Correct Answer: Option D

Explanation:
SI = (227500 * 7 * 5)/100 = 79625.

This question belongs to: Maths Simple Interest

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