Principal for Rs. 336000 interest in 7 years at 12% MCQ with Answer and Explanation

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Principal for Rs. 336000 interest in 7 years at 12%

A. Rs. 399000

B. Rs. 398000

C. Rs. 400000

D. Rs. 401000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (336000 * 100)/(12 * 7) = 400000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum at 10% SI for 5 years amounts to Rs. 105000. Principal

A. Rs. 71000

B. Rs. 68000

C. Rs. 70000

D. Rs. 69000

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Correct Answer: Option C

Explanation:
SI = 35000. P = 105000 - 35000 = 70000.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 35000 amounts to Rs. 45500 in 4 years at simple interest. The rate is

A. 7.5%

B. 9%

C. 8%

D. 6%

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Correct Answer: Option A

Explanation:
SI = 10500. R = (10500 × 100)/(35000 × 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #3

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A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 35000

B. Rs. 34000

C. Rs. 37000

D. Rs. 36000

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Correct Answer: Option D

Explanation:
SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

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