Rate for Rs. 273000 to Rs. 354900 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 273000 to Rs. 354900 in 3 years SI

A. 12%

B. 8%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 81900. R = (81900 * 100)/(273000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1152000 for 2 years at 33% per annum is

A. Rs. 760120

B. Rs. 760720

C. Rs. 760320

D. Rs. 760520

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Correct Answer: Option C

Explanation:
SI = (1152000 × 33 × 2)/100 = 760320.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3600000 amounts to Rs. 5040000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 1440000. R = (1440000 × 100)/(3600000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal giving Rs. 88200 SI in 6 years at 11%

A. Rs. 133636

B. Rs. 134636

C. Rs. 131636

D. Rs. 132636

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Correct Answer: Option A

Explanation:
P = (88200 * 100)/(11 * 6) = 133636 approx adjusted 133000.

This question belongs to: Maths Simple Interest

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