Years for Rs. 84000 at 7% to give Rs. 35280 interest MCQ with Answer and Explanation

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Years for Rs. 84000 at 7% to give Rs. 35280 interest

A. 6 years

B. 5 years

C. 7 years

D. 4 years

Answer: Option A

Solution (By JKSSB Mock Tests)

T = (35280 * 100)/(84000 * 7) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 133000 to Rs. 172900 in 4 years SI

A. 8%

B. 9%

C. 7.5%

D. 6%

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Correct Answer: Option C

Explanation:
SI = 39900. R = (39900 * 100)/(133000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 450000 amounts to Rs. 585000 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 135000. R = (135000 × 100)/(450000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 4095000 amounts to Rs. 5733000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1638000. R = (1638000 × 100)/(4095000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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