A sum amounts to Rs. 172200 in 6 years at 7% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 172200 in 6 years at 7% SI. Principal

A. Rs. 127000

B. Rs. 125000

C. Rs. 126000

D. Rs. 124000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 46200. P = 172200 - 46200 = 126000.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 585900. R = (585900 × 100)/(1953000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 2115000 amounts to Rs. 2961000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 846000. R = (846000 × 100)/(2115000 × 4) = 10%.

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Question #3

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Simple interest on Rs. 3429000 for 3 years at 81% per annum is

A. Rs. 8332870

B. Rs. 8333270

C. Rs. 8333470

D. Rs. 8333070

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Correct Answer: Option D

Explanation:
SI = (3429000 × 81 × 3)/100 = 8333070.

This question belongs to: Maths Simple Interest

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