Principal giving Rs. 9450 SI in 7 years at 9% MCQ with Answer and Explanation

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Principal giving Rs. 9450 SI in 7 years at 9%

A. Rs. 14000

B. Rs. 15000

C. Rs. 13000

D. Rs. 16000

Answer: Option B

Solution (By JKExamLibrary)

P = (9450 * 100)/(9 * 7) = 15000.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10%

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1301400 approx, R = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 1458000 amounts to Rs. 1895400 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 437400. R = (437400 × 100)/(1458000 × 3) = 10%.

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Question #3

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Simple interest on Rs. 2889000 for 3 years at 69% per annum is

A. Rs. 5982430

B. Rs. 5981830

C. Rs. 5982230

D. Rs. 5982030

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Correct Answer: Option D

Explanation:
SI = (2889000 × 69 × 3)/100 = 5982030.

This question belongs to: Maths Simple Interest

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