Years for Rs. 434000 at 12% to give Rs. 312480 interest MCQ with Answer and Explanation

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Years for Rs. 434000 at 12% to give Rs. 312480 interest

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option B

Solution (By JKSSB Mock Tests)

T = (312480 * 100)/(434000 * 12) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 1335600 interest in 8 years at 13% SI is

A. Rs. 1280000

B. Rs. 1277500

C. Rs. 1285000

D. Rs. 1282500

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Correct Answer: Option D

Explanation:
P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641720

B. Rs. 2641120

C. Rs. 2641320

D. Rs. 2641520

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Correct Answer: Option C

Explanation:
SI = (2277000 × 58 × 2)/100 = 2641320.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 4536000 amount to Rs. 6350400 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1814400. T = (1814400 × 100)/(4536000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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