A sum at 6% SI for 8 years amounts to Rs. 201600. Principal MCQ with Answer and Explanation

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A sum at 6% SI for 8 years amounts to Rs. 201600. Principal

A. Rs. 127000

B. Rs. 125000

C. Rs. 126000

D. Rs. 124000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 75600. P = 201600 - 75600 = 126000.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 140400. R = (140400 × 100)/(468000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 259000 amounts to Rs. 336700 in 3 years

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3239000

B. Rs. 3240000

C. Rs. 3241000

D. Rs. 3238000

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Correct Answer: Option B

Explanation:
P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

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