Rate for Rs. 91000 to Rs. 118300 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 91000 to Rs. 118300 in 3 years SI

A. 12%

B. 8%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 27300. R = (27300 * 100)/(91000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 3177000 for 2 years at 78% per annum is

A. Rs. 4956520

B. Rs. 4956120

C. Rs. 4955920

D. Rs. 4956320

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Correct Answer: Option B

Explanation:
SI = (3177000 × 78 × 2)/100 = 4956120.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 999000 amount to Rs. 1398600 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 399600. T = (399600 × 100)/(999000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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