SI on Rs. 115500 for 3 years at 12% MCQ with Answer and Explanation

Question

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SI on Rs. 115500 for 3 years at 12%

A. Rs. 41780

B. Rs. 41980

C. Rs. 41380

D. Rs. 41580

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (115500 * 12 * 3)/100 = 41580.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 25200 interest in 6 years at 7% SI is

A. Rs. 61000

B. Rs. 60000

C. Rs. 59000

D. Rs. 58000

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Correct Answer: Option B

Explanation:
P = (25200 × 100)/(7 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 1143000 amounts to Rs. 1485900 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 342900. R = (342900 × 100)/(1143000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 252000 for 4 years at 6% per annum is

A. Rs. 60880

B. Rs. 60680

C. Rs. 60280

D. Rs. 60480

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Correct Answer: Option D

Explanation:
SI = (252000 × 6 × 4)/100 = 60480.

This question belongs to: Maths Simple Interest

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