A sum at 14% SI for 4 years amounts to Rs. 280000. Principal MCQ with Answer and Explanation

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A sum at 14% SI for 4 years amounts to Rs. 280000. Principal

A. Rs. 174000

B. Rs. 176000

C. Rs. 175000

D. Rs. 173000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 105000. P = 280000 - 105000 = 175000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1404000 for 3 years at 36% per annum is

A. Rs. 1516320

B. Rs. 1516520

C. Rs. 1516120

D. Rs. 1516720

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Correct Answer: Option A

Explanation:
SI = (1404000 × 36 × 3)/100 = 1516320.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1557000 for 2 years at 42% per annum is

A. Rs. 1308280

B. Rs. 1307680

C. Rs. 1308080

D. Rs. 1307880

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Correct Answer: Option D

Explanation:
SI = (1557000 × 42 × 2)/100 = 1307880.

This question belongs to: Maths Simple Interest

Question #3

Years for Rs. 434000 at 12% to give Rs. 312480 interest

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option B

Explanation:
T = (312480 * 100)/(434000 * 12) = 6 years.

This question belongs to: Maths Simple Interest

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