Principal for Rs. 336000 interest in 7 years at 12% MCQ with Answer and Explanation

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Principal for Rs. 336000 interest in 7 years at 12%

A. Rs. 399000

B. Rs. 398000

C. Rs. 401000

D. Rs. 400000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (336000 * 100)/(12 * 7) = 400000.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 7516800 interest in 9 years at 24% SI is

A. Rs. 3481000

B. Rs. 3480000

C. Rs. 3478000

D. Rs. 3479000

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Correct Answer: Option B

Explanation:
P = (7516800 × 100)/(24 × 9) = 3480000.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1476000. R = (1476000 × 100)/(3690000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 4401000 amount to Rs. 6161400 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1760400. T = (1760400 × 100)/(4401000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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