The rate at which Rs. 1593000 amounts to Rs. 2070900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1593000 amounts to Rs. 2070900 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 477900. R = (477900 × 100)/(1593000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1377000 for 2 years at 38% per annum is

A. Rs. 1046920

B. Rs. 1046720

C. Rs. 1046320

D. Rs. 1046520

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Correct Answer: Option D

Explanation:
SI = (1377000 × 38 × 2)/100 = 1046520.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 105000 at 8% to amount Rs. 147000

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 42000. T = (42000 * 100)/(105000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1989000 for 3 years at 49% per annum is

A. Rs. 2924230

B. Rs. 2924630

C. Rs. 2924430

D. Rs. 2924830

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Correct Answer: Option C

Explanation:
SI = (1989000 × 49 × 3)/100 = 2924430.

This question belongs to: Maths Simple Interest

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