Rate for Rs. 70000 to Rs. 91000 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 70000 to Rs. 91000 in 3 years SI

A. 9%

B. 10%

C. 12%

D. 8%

Answer: Option B

Solution (By JKExamLibrary)

SI = 21000. R = (21000 * 100)/(70000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 252000 amounts to Rs. 327600 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 75600. R = (75600 × 100)/(252000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2079000 for 3 years at 51% per annum is

A. Rs. 3180670

B. Rs. 3181070

C. Rs. 3181270

D. Rs. 3180870

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Correct Answer: Option D

Explanation:
SI = (2079000 × 51 × 3)/100 = 3180870.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 3609000 for 3 years at 85% per annum is

A. Rs. 9203150

B. Rs. 9202750

C. Rs. 9202950

D. Rs. 9203350

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Correct Answer: Option C

Explanation:
SI = (3609000 × 85 × 3)/100 = 9202950.

This question belongs to: Maths Simple Interest

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