Principal for Rs. 37800 interest in 9 years at 5% MCQ with Answer and Explanation

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Principal for Rs. 37800 interest in 9 years at 5%

A. Rs. 85000

B. Rs. 82000

C. Rs. 83000

D. Rs. 84000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (37800 * 100)/(5 * 9) = 84000.

This question belongs to: Maths Simple Interest

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Question #1

Time for Rs. 45000 at 8% to amount Rs. 63000

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 18000. T = (18000 * 100)/(45000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 61000

B. Rs. 58000

C. Rs. 59000

D. Rs. 60000

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Correct Answer: Option D

Explanation:
P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 981000 for 2 years at 33% per annum is

A. Rs. 647260

B. Rs. 647460

C. Rs. 647660

D. Rs. 647860

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Correct Answer: Option B

Explanation:
SI = (981000 × 33 × 2)/100 = 647460.

This question belongs to: Maths Simple Interest

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