SI on Rs. 157500 for 3 years at 13% MCQ with Answer and Explanation

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SI on Rs. 157500 for 3 years at 13%

A. Rs. 61425

B. Rs. 61625

C. Rs. 61825

D. Rs. 61225

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (157500 * 13 * 3)/100 = 61425.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1296000 amount to Rs. 1814400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 518400. T = (518400 × 100)/(1296000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 1033200 interest in 9 years at 12% SI is

A. Rs. 959000

B. Rs. 958000

C. Rs. 961000

D. Rs. 960000

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Correct Answer: Option D

Explanation:
P = (1033200 × 100)/(12 × 9) = 960000.

This question belongs to: Maths Simple Interest

Question #3

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SI on Rs. 73500 for 2 years at 11%

A. Rs. 16170

B. Rs. 16570

C. Rs. 16370

D. Rs. 15970

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Correct Answer: Option A

Explanation:
SI = (73500 * 11 * 2)/100 = 16170.

This question belongs to: Maths Simple Interest

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