Principal for Rs. 268800 interest in 8 years at 12% MCQ with Answer and Explanation

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Principal for Rs. 268800 interest in 8 years at 12%

A. Rs. 278000

B. Rs. 281000

C. Rs. 280000

D. Rs. 279000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (268800 * 100)/(12 * 8) = 280000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 4599000 for 3 years at 107% per annum is

A. Rs. 14767910

B. Rs. 14767510

C. Rs. 14768110

D. Rs. 14767710

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Correct Answer: Option D

Explanation:
SI = (4599000 × 107 × 3)/100 = 14767710.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 680400 interest in 9 years at 12% SI is

A. Rs. 629000

B. Rs. 631000

C. Rs. 628000

D. Rs. 630000

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Correct Answer: Option D

Explanation:
P = (680400 × 100)/(12 × 9) = 630000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 369000 for 2 years at 16% per annum is

A. Rs. 118280

B. Rs. 117880

C. Rs. 118080

D. Rs. 118480

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Correct Answer: Option C

Explanation:
SI = (369000 × 16 × 2)/100 = 118080.

This question belongs to: Maths Simple Interest

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