Principal for Rs. 201600 interest in 9 years at 8% MCQ with Answer and Explanation

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Principal for Rs. 201600 interest in 9 years at 8%

A. Rs. 278000

B. Rs. 279000

C. Rs. 281000

D. Rs. 280000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (201600 * 100)/(8 * 9) = 280000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 36000 amounts to Rs. 50400 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 14400. R = (14400 × 100)/(36000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3591000 amount to Rs. 5027400 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 = 1436400. T = (1436400 × 100)/(3591000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 3411000 amount to Rs. 4775400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1364400. T = (1364400 × 100)/(3411000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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