Principal for Rs. 100800 interest in 8 years at 9% MCQ with Answer and Explanation

Principal for Rs. 100800 interest in 8 years at 9%
A. Rs. 139000
B. Rs. 141000
C. Rs. 138000
D. Rs. 140000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (100800 * 100)/(9 * 8) = 140000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 855000 amounts to Rs. 1197000 in 4 years at simple interest. The rate is
A. 8%
B. 12%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 342000. R = (342000 × 100)/(855000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
At what rate percent will Rs. 6400 give Rs. 1152 interest in 3 years?
A. 6%
B. 4%
C. 5%
D. 8%

Correct Answer: Option A


Explanation:
R = (1152 × 100)/(6400 × 3) = 6%.

This question belongs to: Maths Simple Interest
Question #3
Rate for Rs. 273000 to Rs. 354900 in 3 years SI
A. 10%
B. 8%
C. 9%
D. 12%

Correct Answer: Option A


Explanation:
SI = 81900. R = (81900 * 100)/(273000 * 3) = 10%.

This question belongs to: Maths Simple Interest