Simple interest on Rs. 4212000 for 2 years at 99% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4212000 for 2 years at 99% per annum is

A. Rs. 8345760

B. Rs. 8345560

C. Rs. 8345960

D. Rs. 8346160

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = (4212000 × 99 × 2)/100 = 8345760.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Years for Rs. 322000 at 11% to give Rs. 212520 interest

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option B

Explanation:
T = (212520 * 100)/(322000 * 11) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2349000 for 3 years at 57% per annum is

A. Rs. 4016230

B. Rs. 4016430

C. Rs. 4016830

D. Rs. 4016630

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Correct Answer: Option B

Explanation:
SI = (2349000 × 57 × 3)/100 = 4016430.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 117000 amount to Rs. 163800 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 46800. T = (46800 × 100)/(117000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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