Rate if Rs. 84000 gives Rs. 25200 SI in 4 years MCQ with Answer and Explanation

Question

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Rate if Rs. 84000 gives Rs. 25200 SI in 4 years

A. 9%

B. 6%

C. 8%

D. 7.5%

Answer: Option D

Solution (By JKSSB Mock Tests)

R = (25200 * 100)/(84000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 450000 amounts to Rs. 585000 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 135000. R = (135000 × 100)/(450000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3834000 for 3 years at 90% per annum is

A. Rs. 10351800

B. Rs. 10351600

C. Rs. 10352000

D. Rs. 10352200

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Correct Answer: Option A

Explanation:
SI = (3834000 × 90 × 3)/100 = 10351800.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 84000 amounts to Rs. 109200 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 25200. R = (25200 × 100)/(84000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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