Principal for Rs. 75600 interest in 7 years at 12% MCQ with Answer and Explanation

Question

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Principal for Rs. 75600 interest in 7 years at 12%

A. Rs. 88000

B. Rs. 89000

C. Rs. 91000

D. Rs. 90000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (75600 * 100)/(12 * 7) = 90000.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 918000 amounts to Rs. 1193400 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 275400. R = (275400 × 100)/(918000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Rate for Rs. 112000 to Rs. 145600 in 4 years SI

A. 8%

B. 6%

C. 9%

D. 7.5%

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Correct Answer: Option D

Explanation:
SI = 33600. R = (33600 * 100)/(112000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #3

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At what rate percent will Rs. 20200 give Rs. 2020 interest in 2 years?

A. 7%

B. 5%

C. 4%

D. 6%

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Correct Answer: Option B

Explanation:
R = (2020 × 100)/(20200 × 2) = 5%.

This question belongs to: Maths Simple Interest

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