A sum at 13% SI for 4 years amounts to Rs. 210000. Principal MCQ with Answer and Explanation

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A sum at 13% SI for 4 years amounts to Rs. 210000. Principal

A. Rs. 141000

B. Rs. 138000

C. Rs. 139000

D. Rs. 140000

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 70000. P = 210000 - 70000 = 140000.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 357000 to Rs. 464100 in 3 years SI

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 107100. R = (107100 * 100)/(357000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 105000 amounts to Rs. 136500 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 31500. R = (31500 × 100)/(105000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 378000 interest in 9 years at 10% SI is

A. Rs. 420000

B. Rs. 419000

C. Rs. 421000

D. Rs. 418000

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Correct Answer: Option A

Explanation:
P = (378000 × 100)/(10 × 9) = 420000.

This question belongs to: Maths Simple Interest

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