Simple interest on Rs. 178500 for 4 years at 10% MCQ with Answer and Explanation

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

A. Rs. 71200

B. Rs. 71600

C. Rs. 71400

D. Rs. 71800

Answer: Option C

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 269500 for 2 years at 21%

A. Rs. 113590

B. Rs. 113190

C. Rs. 112990

D. Rs. 113390

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Correct Answer: Option B

Explanation:
SI = (269500 * 21 * 2)/100 = 113190.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1485000 amounts to Rs. 2079000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 594000. R = (594000 × 100)/(1485000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 12000 for 2 years at 7% per annum is

A. Rs. 2100

B. Rs. 1500

C. Rs. 1680

D. Rs. 1800

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Correct Answer: Option C

Explanation:
SI = (12000 × 7 × 2)/100 = 1680.

This question belongs to: Maths Simple Interest

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