Principal for Rs. 21600 interest in 6 years at 9% MCQ with Answer and Explanation

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Principal for Rs. 21600 interest in 6 years at 9%

A. Rs. 41000

B. Rs. 39000

C. Rs. 40000

D. Rs. 38000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (21600 * 100)/(9 * 6) = 40000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 216000 for 3 years at 10% per annum is

A. Rs. 64600

B. Rs. 65200

C. Rs. 64800

D. Rs. 65000

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Correct Answer: Option C

Explanation:
SI = (216000 × 10 × 3)/100 = 64800.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 963900. R = (963900 × 100)/(3213000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 990900. R = (990900 × 100)/(3303000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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