Time for Rs. 77000 at 9% to amount Rs. 107800 MCQ with Answer and Explanation

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Time for Rs. 77000 at 9% to amount Rs. 107800

A. 4 years

B. 5 years

C. 7 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 30800. T = (30800 * 100)/(77000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on a sum for 2 years at 12% is Rs. 480. The sum is

A. Rs. 2400

B. Rs. 2200

C. Rs. 1800

D. Rs. 2000

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Correct Answer: Option D

Explanation:
P = (480 × 100)/(12 × 2) = 2000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6386120

B. Rs. 6385720

C. Rs. 6386320

D. Rs. 6385920

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Correct Answer: Option D

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 35600 amounts to Rs. 40584 in 2 years at simple interest. The rate is

A. 6%

B. 9%

C. 7%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 4984. R = (4984 × 100)/(35600 × 2) = 7%.

This question belongs to: Maths Simple Interest

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