A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal

A. Rs. 96000

B. Rs. 99000

C. Rs. 98000

D. Rs. 97000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 43120. P = 141120 - 43120 = 98000.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 7200 amounts to Rs. 9360 in 5 years is

A. 4%

B. 5%

C. 8%

D. 6%

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Correct Answer: Option D

Explanation:
SI = 2160. R = (2160 × 100)/(7200 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 126000 amount to Rs. 176400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 50400. T = (50400 × 100)/(126000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 100800 interest in 7 years at 8% SI is

A. Rs. 178000

B. Rs. 180000

C. Rs. 179000

D. Rs. 181000

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Correct Answer: Option B

Explanation:
P = (100800 × 100)/(8 × 7) = 180000.

This question belongs to: Maths Simple Interest

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