SI on Rs. 199500 for 5 years at 5% MCQ with Answer and Explanation

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SI on Rs. 199500 for 5 years at 5%

A. Rs. 50075

B. Rs. 49675

C. Rs. 49875

D. Rs. 50275

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (199500 * 5 * 5)/100 = 49875.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 70000 for 2 years at 11% per annum is

A. Rs. 15200

B. Rs. 15800

C. Rs. 15600

D. Rs. 15400

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Correct Answer: Option D

Explanation:
SI = (70000 × 11 × 2)/100 = 15400.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 1845000 amounts to Rs. 2583000 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 = 738000. R = (738000 × 100)/(1845000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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