Years for Rs. 182000 at 8% to give Rs. 87360 interest MCQ with Answer and Explanation

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Years for Rs. 182000 at 8% to give Rs. 87360 interest

A. 5 years

B. 7 years

C. 4 years

D. 6 years

Answer: Option D

Solution (By JKSSB Mock Tests)

T = (87360 * 100)/(182000 * 8) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

A sum at 5% SI for 6 years amounts to Rs. 33600. Principal

A. Rs. 23000

B. Rs. 24000

C. Rs. 22000

D. Rs. 25000

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Correct Answer: Option B

Explanation:
SI = 9600. P = 33600 - 9600 = 24000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 25000 amounts to Rs. 32500 in 3 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 7500. R = (7500 × 100)/(25000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 576000 for 3 years at 19% per annum is

A. Rs. 328120

B. Rs. 328520

C. Rs. 328320

D. Rs. 328720

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Correct Answer: Option C

Explanation:
SI = (576000 × 19 × 3)/100 = 328320.

This question belongs to: Maths Simple Interest

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