Simple interest on Rs. 3402000 for 2 years at 83% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 3402000 for 2 years at 83% per annum is

A. Rs. 5647520

B. Rs. 5647720

C. Rs. 5647320

D. Rs. 5647120

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = (3402000 × 83 × 2)/100 = 5647320.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 171500 for 5 years at 4%

A. Rs. 34500

B. Rs. 34700

C. Rs. 34300

D. Rs. 34100

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Correct Answer: Option C

Explanation:
SI = (171500 * 4 * 5)/100 = 34300.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1080000 amounts to Rs. 1512000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 432000. R = (432000 × 100)/(1080000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Rate if Rs. 45000 gives Rs. 13500 SI in 5 years

A. 5%

B. 8%

C. 7%

D. 6%

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Correct Answer: Option D

Explanation:
R = (13500 * 100)/(45000 * 5) = 6%.

This question belongs to: Maths Simple Interest

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