Principal for Rs. 403200 interest in 9 years at 8% MCQ with Answer and Explanation

Question

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Principal for Rs. 403200 interest in 9 years at 8%

A. Rs. 559000

B. Rs. 561000

C. Rs. 558000

D. Rs. 560000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (403200 * 100)/(8 * 9) = 560000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 81000 for 2 years at 9% per annum is

A. Rs. 14380

B. Rs. 14980

C. Rs. 14780

D. Rs. 14580

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Correct Answer: Option D

Explanation:
SI = (81000 × 9 × 2)/100 = 14580.

This question belongs to: Maths Simple Interest

Question #2

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Time for Rs. 35000 at 9% SI to amount Rs. 50750

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 15750. T = (15750 * 100)/(35000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 2934000 for 3 years at 70% per annum is

A. Rs. 6161200

B. Rs. 6161800

C. Rs. 6161600

D. Rs. 6161400

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Correct Answer: Option D

Explanation:
SI = (2934000 × 70 × 3)/100 = 6161400.

This question belongs to: Maths Simple Interest

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