A sum amounts to Rs. 194880 in 5 years at 10% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 194880 in 5 years at 10% SI. Principal

A. Rs. 132000

B. Rs. 134000

C. Rs. 133000

D. Rs. 131000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 61880. P = 194880 - 61880 = 133000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 1080000 amounts to Rs. 1512000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 432000. R = (432000 × 100)/(1080000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 360000 for 3 years at 13% per annum is

A. Rs. 140200

B. Rs. 140400

C. Rs. 140800

D. Rs. 140600

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Correct Answer: Option B

Explanation:
SI = (360000 × 13 × 3)/100 = 140400.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1467000 for 2 years at 40% per annum is

A. Rs. 1174000

B. Rs. 1173400

C. Rs. 1173800

D. Rs. 1173600

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Correct Answer: Option D

Explanation:
SI = (1467000 × 40 × 2)/100 = 1173600.

This question belongs to: Maths Simple Interest

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