Years for Rs. 294000 at 9% to give Rs. 158760 interest MCQ with Answer and Explanation

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Years for Rs. 294000 at 9% to give Rs. 158760 interest

A. 4 years

B. 5 years

C. 7 years

D. 6 years

Answer: Option D

Solution (By JKSSB Mock Tests)

T = (158760 * 100)/(294000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 28976 for 4 years at 12% per annum is

A. Rs. 14108

B. Rs. 13908

C. Rs. 14308

D. Rs. 13708

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Correct Answer: Option B

Explanation:
SI = (28976 * 12 * 4)/100 = 13908.

This question belongs to: Maths Simple Interest

Question #2

The principal for Rs. 20160 interest in 8 years at 6%

A. Rs. 41000

B. Rs. 42000

C. Rs. 40000

D. Rs. 43000

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Correct Answer: Option B

Explanation:
P = (20160 * 100)/(6 * 8) = 42000.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 172200 in 6 years at 7% SI. Principal

A. Rs. 124000

B. Rs. 127000

C. Rs. 126000

D. Rs. 125000

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Correct Answer: Option C

Explanation:
SI = 46200. P = 172200 - 46200 = 126000.

This question belongs to: Maths Simple Interest

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