Principal for Rs. 168000 interest in 7 years at 12% MCQ with Answer and Explanation

Question

Share Report Error

Principal for Rs. 168000 interest in 7 years at 12%

A. Rs. 198000

B. Rs. 200000

C. Rs. 201000

D. Rs. 199000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (168000 * 100)/(12 * 7) = 200000.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

A sum of Rs. 2430000 amounts to Rs. 3402000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 972000. R = (972000 × 100)/(2430000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

The rate at which Rs. 414000 amounts to Rs. 538200 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 124200. R = (124200 × 100)/(414000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Share Report

A sum of Rs. 3465000 amounts to Rs. 4851000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1386000. R = (1386000 × 100)/(3465000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs