A sum amounts to Rs. 26600 in 4 years at 9% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 26600 in 4 years at 9% SI. Principal

A. Rs. 18000

B. Rs. 21000

C. Rs. 20000

D. Rs. 19000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 6600. P = 26600 - 6600 = 20000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 1242000 for 2 years at 35% per annum is

A. Rs. 869400

B. Rs. 869600

C. Rs. 869800

D. Rs. 869200

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Correct Answer: Option A

Explanation:
SI = (1242000 × 35 × 2)/100 = 869400.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest?

A. 5 years

B. 6 years

C. 7 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 39600. T = (39600 × 100)/(99000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 16128000 interest in 9 years at 37% SI is

A. Rs. 4837500

B. Rs. 4835500

C. Rs. 4836500

D. Rs. 4838500

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Correct Answer: Option A

Explanation:
P = (16128000 × 100)/(37 × 9) = 4837500.

This question belongs to: Maths Simple Interest

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