A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 925 in 4 years. Find the principal. MCQ with Answer and Explanation

A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 925 in 4 years. Find the principal.
A. Rs. 675
B. Rs. 600
C. Rs. 625
D. Rs. 650
Answer: Option C
Solution (By JKSSB Mock Tests)
SI for 1 year = 925-850 = 75. For 3 years SI = 225, principal = 850-225=625.

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Practice More Percentage Questions

Question #1
In an election, 20% of the votes were declared invalid. The winner got 70% of the valid votes and won by 1600 votes. Find the total number of votes polled.
A. 6000
B. 8000
C. 5000
D. 4000

Correct Answer: Option C


Explanation:
Winner got 70%, Loser 30% of valid votes. Difference = 40% of valid votes = 1600. Valid votes = 4000. Valid votes = 80% of total. Total = 4000 / 0.8 = 5000.

This question belongs to: Maths Percentage
Question #2
What percent is 250 g of 2 kg?
A. 15%
B. 10%
C. 20%
D. 12.5%

Correct Answer: Option D


Explanation:
2 kg = 2000 g, (250/2000)×100 = 12.5%.

This question belongs to: Maths Percentage
Question #3
A man saves 30% of his income. If his income increases by 20% and expenditure increases by 10%, his savings increase by:
A. 33.33%
B. 40%
C. 43.33%
D. 50%

Correct Answer: Option C


Explanation:
Income 100, exp 70, sav 30. New income 120, new exp 70×1.1=77, sav 43. Increase 13, % = (13/30)×100 = 43.33%.

This question belongs to: Maths Percentage