A sum at 16% SI for 3 years amounts to Rs. 364000. Principal MCQ with Answer and Explanation

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A sum at 16% SI for 3 years amounts to Rs. 364000. Principal

A. Rs. 211000

B. Rs. 209000

C. Rs. 210000

D. Rs. 208000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 154000. P = 364000 - 154000 = 210000.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 269500 for 2 years at 21%

A. Rs. 113190

B. Rs. 113390

C. Rs. 112990

D. Rs. 113590

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Correct Answer: Option A

Explanation:
SI = (269500 * 21 * 2)/100 = 113190.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 450000 amounts to Rs. 585000 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 135000. R = (135000 × 100)/(450000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 2448 interest in 2 years at 6% SI is

A. Rs. 20400

B. Rs. 21400

C. Rs. 19400

D. Rs. 18400

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Correct Answer: Option A

Explanation:
P = (2448 × 100)/(6 × 2) = 20400.

This question belongs to: Maths Simple Interest

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