Principal giving Rs. 15750 SI in 5 years at 7% MCQ with Answer and Explanation

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Principal giving Rs. 15750 SI in 5 years at 7%

A. Rs. 43000

B. Rs. 44000

C. Rs. 45000

D. Rs. 46000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (15750 * 100)/(7 * 5) = 45000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1566000 amount to Rs. 2192400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 626400. T = (626400 × 100)/(1566000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 432000 amounts to Rs. 604800 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 = 172800. R = (172800 × 100)/(432000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 3555000 amounts to Rs. 4977000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1422000. R = (1422000 × 100)/(3555000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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