A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal

A. Rs. 12000

B. Rs. 13000

C. Rs. 11000

D. Rs. 12500

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 3600. P = 15600 - 3600 = 12000.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 327600 interest in 9 years at 10% SI is

A. Rs. 365000

B. Rs. 363000

C. Rs. 362000

D. Rs. 364000

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Correct Answer: Option D

Explanation:
P = (327600 × 100)/(10 × 9) = 364000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3564000 for 3 years at 84% per annum is

A. Rs. 8982720

B. Rs. 8982520

C. Rs. 8982920

D. Rs. 8983120

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Correct Answer: Option A

Explanation:
SI = (3564000 × 84 × 3)/100 = 8982720.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 909000 for 2 years at 31% per annum is

A. Rs. 563380

B. Rs. 563980

C. Rs. 563780

D. Rs. 563580

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Correct Answer: Option D

Explanation:
SI = (909000 × 31 × 2)/100 = 563580.

This question belongs to: Maths Simple Interest

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