Simple interest on Rs. 18841 for 10 years at 9% per annum is MCQ with Answer and Explanation

Question

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Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16806

B. Rs. 17156

C. Rs. 17456

D. Rs. 16956

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 3998000

B. Rs. 4001000

C. Rs. 4000000

D. Rs. 3999000

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Correct Answer: Option C

Explanation:
P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 3708000 amounts to Rs. 4820400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1112400. R = (1112400 × 100)/(3708000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 495000 amounts to Rs. 693000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 198000. R = (198000 × 100)/(495000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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