SI on Rs. 143500 for 2 years at 14% MCQ with Answer and Explanation

Question

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SI on Rs. 143500 for 2 years at 14%

A. Rs. 40380

B. Rs. 40180

C. Rs. 39980

D. Rs. 40580

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = (143500 * 14 * 2)/100 = 40180.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 1269000 for 3 years at 33% per annum is

A. Rs. 1256510

B. Rs. 1256710

C. Rs. 1256110

D. Rs. 1256310

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Correct Answer: Option D

Explanation:
SI = (1269000 × 33 × 3)/100 = 1256310.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 495000 amounts to Rs. 693000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 198000. R = (198000 × 100)/(495000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 39600. T = (39600 × 100)/(99000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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