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

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SI on Rs. 255500 for 5 years at 9%

A. Rs. 114975

B. Rs. 115375

C. Rs. 114775

D. Rs. 115175

Answer: Option A

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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Simple interest on Rs. 4014000 for 3 years at 94% per annum is

A. Rs. 11319680

B. Rs. 11319480

C. Rs. 11319280

D. Rs. 11319880

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Correct Answer: Option B

Explanation:
SI = (4014000 × 94 × 3)/100 = 11319480.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 28000 amount to Rs. 39200 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 11200. T = (11200 × 100)/(28000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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