SI on Rs. 255500 for 5 years at 9% MCQ with Answer and Explanation

Question

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SI on Rs. 255500 for 5 years at 9%

A. Rs. 115375

B. Rs. 114775

C. Rs. 115175

D. Rs. 114975

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (255500 * 9 * 5)/100 = 114975.

This question belongs to: Maths Simple Interest

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Question #1

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A sum at 11% SI for 4 years amounts to Rs. 41800. Principal

A. Rs. 28000

B. Rs. 26000

C. Rs. 29000

D. Rs. 27000

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Correct Answer: Option A

Explanation:
SI = 13800. P = 41800 - 13800 = 28000.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 117000 amount to Rs. 163800 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 46800. T = (46800 × 100)/(117000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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