Simple interest on Rs. 1422000 for 2 years at 39% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 1422000 for 2 years at 39% per annum is

A. Rs. 1109160

B. Rs. 1108960

C. Rs. 1109560

D. Rs. 1109360

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (1422000 × 39 × 2)/100 = 1109160.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 324000 amounts to Rs. 421200 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 97200. R = (97200 × 100)/(324000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 287000 amounts to Rs. 373100 in 3 years

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 86100. R = (86100 * 100)/(287000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 178500 for 4 years at 10%

A. Rs. 71200

B. Rs. 71800

C. Rs. 71400

D. Rs. 71600

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Correct Answer: Option C

Explanation:
SI = (178500 * 10 * 4)/100 = 71400.

This question belongs to: Maths Simple Interest

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