SI on Rs. 101500 for 5 years at 5% MCQ with Answer and Explanation

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SI on Rs. 101500 for 5 years at 5%

A. Rs. 25775

B. Rs. 25575

C. Rs. 25175

D. Rs. 25375

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (101500 * 5 * 5)/100 = 25375.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 2511000 amount to Rs. 3515400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 1004400. T = (1004400 × 100)/(2511000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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SI on Rs. 31500 for 4 years at 7%

A. Rs. 8620

B. Rs. 9020

C. Rs. 9220

D. Rs. 8820

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Correct Answer: Option D

Explanation:
SI = (31500 * 7 * 4)/100 = 8820.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 3816000 amount to Rs. 5342400 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 = 1526400. T = (1526400 × 100)/(3816000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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