Simple interest on Rs. 150500 for 4 years at 6% MCQ with Answer and Explanation

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Simple interest on Rs. 150500 for 4 years at 6%

A. Rs. 36320

B. Rs. 36520

C. Rs. 35920

D. Rs. 36120

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (150500 * 6 * 4)/100 = 36120.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Time for Rs. 140000 at 9% to amount Rs. 196000

A. 5 years

B. 4 years

C. 6 years

D. 3 years

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Correct Answer: Option B

Explanation:
SI = 56000. T = (56000 * 100)/(140000 * 9) = 4 years.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 72000 amounts to Rs. 93600 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 21600. R = (21600 × 100)/(72000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 999000 for 3 years at 27% per annum is

A. Rs. 808990

B. Rs. 809590

C. Rs. 809390

D. Rs. 809190

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Correct Answer: Option D

Explanation:
SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest

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