A sum at 9% SI for 5 years amounts to Rs. 126000. Principal MCQ with Answer and Explanation

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A sum at 9% SI for 5 years amounts to Rs. 126000. Principal

A. Rs. 83000

B. Rs. 85000

C. Rs. 84000

D. Rs. 82000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 42000. P = 126000 - 42000 = 84000.

This question belongs to: Maths Simple Interest

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Question #1

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The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is

A. Rs. 1500

B. Rs. 1800

C. Rs. 1000

D. Rs. 1200

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Correct Answer: Option D

Explanation:
SI = (8000 × 5 × 3)/100 = 1200.

This question belongs to: Maths Simple Interest

Question #2

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Principal for Rs. 37800 interest in 9 years at 5%

A. Rs. 84000

B. Rs. 83000

C. Rs. 82000

D. Rs. 85000

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Correct Answer: Option A

Explanation:
P = (37800 * 100)/(5 * 9) = 84000.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 17769 amounts to Rs. 28963 in 9 years at simple interest. Rate is

A. 10%

B. 6%

C. 7%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 11194. R = (11194 * 100)/(17769 * 9) = 7%.

This question belongs to: Maths Simple Interest

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