The rate at which Rs. 84000 amounts to Rs. 109200 in 3 years is MCQ with Answer and Explanation

Question

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The rate at which Rs. 84000 amounts to Rs. 109200 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 25200. R = (25200 × 100)/(84000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 945000 amounts to Rs. 1323000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 378000. R = (378000 × 100)/(945000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 25879 for 7 years at 11% per annum is

A. Rs. 20126

B. Rs. 19776

C. Rs. 20426

D. Rs. 19926

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Correct Answer: Option D

Explanation:
SI = (25879 * 11 * 7)/100 = 19926.

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Question #3

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The principal that gives Rs. 4057200 interest in 8 years at 21% SI is

A. Rs. 2415000

B. Rs. 2414000

C. Rs. 2416000

D. Rs. 2413000

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Correct Answer: Option A

Explanation:
P = (4057200 × 100)/(21 × 8) = 2415000.

This question belongs to: Maths Simple Interest

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