Rate when Rs. 63000 amounts to Rs. 81900 in 4 years MCQ with Answer and Explanation

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Rate when Rs. 63000 amounts to Rs. 81900 in 4 years

A. 7.5%

B. 9%

C. 8%

D. 6%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 18900. R = (18900 * 100)/(63000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 4230000 amounts to Rs. 5922000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1692000. R = (1692000 × 100)/(4230000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3699000 for 3 years at 87% per annum is

A. Rs. 9653890

B. Rs. 9653490

C. Rs. 9653690

D. Rs. 9653290

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Correct Answer: Option B

Explanation:
SI = (3699000 × 87 × 3)/100 = 9653490.

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Question #3

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Simple interest on Rs. 4032000 for 2 years at 97% per annum is

A. Rs. 7822480

B. Rs. 7822080

C. Rs. 7821880

D. Rs. 7822280

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Correct Answer: Option B

Explanation:
SI = (4032000 × 97 × 2)/100 = 7822080.

This question belongs to: Maths Simple Interest

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