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

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Principal for Rs. 100800 interest in 8 years at 9%

A. Rs. 138000

B. Rs. 141000

C. Rs. 140000

D. Rs. 139000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (100800 * 100)/(9 * 8) = 140000.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 604800 interest in 8 years at 12% SI is

A. Rs. 631000

B. Rs. 628000

C. Rs. 629000

D. Rs. 630000

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Correct Answer: Option D

Explanation:
P = (604800 × 100)/(12 × 8) = 630000.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 216000 amounts to Rs. 302400 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 86400. R = (86400 × 100)/(216000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1998000 amounts to Rs. 2597400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 599400. R = (599400 × 100)/(1998000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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