Simple interest on Rs. 4257000 for 2 years at 100% per annum is MCQ with Answer and Explanation

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Simple interest on Rs. 4257000 for 2 years at 100% per annum is

A. Rs. 8514200

B. Rs. 8513800

C. Rs. 8514400

D. Rs. 8514000

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = (4257000 × 100 × 2)/100 = 8514000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3987000 for 2 years at 96% per annum is

A. Rs. 7655240

B. Rs. 7655040

C. Rs. 7655440

D. Rs. 7654840

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Correct Answer: Option B

Explanation:
SI = (3987000 × 96 × 2)/100 = 7655040.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1413000 amounts to Rs. 1836900 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 423900. R = (423900 × 100)/(1413000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 75600 interest in 7 years at 12%

A. Rs. 88000

B. Rs. 90000

C. Rs. 91000

D. Rs. 89000

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Correct Answer: Option B

Explanation:
P = (75600 * 100)/(12 * 7) = 90000.

This question belongs to: Maths Simple Interest

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