SI on Rs. 31500 for 4 years at 7% MCQ with Answer and Explanation

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SI on Rs. 31500 for 4 years at 7%

A. Rs. 9020

B. Rs. 9220

C. Rs. 8820

D. Rs. 8620

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (31500 * 7 * 4)/100 = 8820.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 3024000 for 3 years at 72% per annum is

A. Rs. 6533560

B. Rs. 6533760

C. Rs. 6534160

D. Rs. 6533960

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Correct Answer: Option B

Explanation:
SI = (3024000 × 72 × 3)/100 = 6533760.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4617000 for 2 years at 108% per annum is

A. Rs. 9973120

B. Rs. 9972520

C. Rs. 9972720

D. Rs. 9972920

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Correct Answer: Option C

Explanation:
SI = (4617000 × 108 × 2)/100 = 9972720.

This question belongs to: Maths Simple Interest

Question #3

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A sum amounts to Rs. 194880 in 5 years at 10% SI. Principal

A. Rs. 133000

B. Rs. 132000

C. Rs. 131000

D. Rs. 134000

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Correct Answer: Option A

Explanation:
SI = 61880. P = 194880 - 61880 = 133000.

This question belongs to: Maths Simple Interest

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