A sum at 12% SI for 4 years amounts to Rs. 57600. Principal MCQ with Answer and Explanation

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A sum at 12% SI for 4 years amounts to Rs. 57600. Principal

A. Rs. 36000

B. Rs. 35000

C. Rs. 34000

D. Rs. 37000

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 21600. P = 57600 - 21600 = 36000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1386000 amount to Rs. 1940400 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 554400. T = (554400 × 100)/(1386000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3006000 amount to Rs. 4208400 at 8% simple interest?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1202400. T = (1202400 × 100)/(3006000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 2979000 for 3 years at 71% per annum is

A. Rs. 6350170

B. Rs. 6350370

C. Rs. 6350770

D. Rs. 6350570

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Correct Answer: Option B

Explanation:
SI = (2979000 × 71 × 3)/100 = 6350370.

This question belongs to: Maths Simple Interest

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