Simple interest on Rs. 164500 for 2 years at 15% MCQ with Answer and Explanation

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Simple interest on Rs. 164500 for 2 years at 15%

A. Rs. 49150

B. Rs. 49750

C. Rs. 49550

D. Rs. 49350

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (164500 * 15 * 2)/100 = 49350.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 4149000 for 3 years at 97% per annum is

A. Rs. 12069930

B. Rs. 12069730

C. Rs. 12070130

D. Rs. 12070330

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Correct Answer: Option A

Explanation:
SI = (4149000 × 97 × 3)/100 = 12069930.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 3880800 interest in 9 years at 18% SI is

A. Rs. 2398000

B. Rs. 2400000

C. Rs. 2401000

D. Rs. 2399000

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Correct Answer: Option B

Explanation:
P = (3880800 × 100)/(18 × 9) = 2400000.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 315000 amount to Rs. 441000 at 8% simple interest?

A. 5 years

B. 6 years

C. 7 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 126000. T = (126000 × 100)/(315000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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