Principal for Rs. 604800 interest in 9 years at 8% MCQ with Answer and Explanation

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Principal for Rs. 604800 interest in 9 years at 8%

A. Rs. 840000

B. Rs. 838000

C. Rs. 841000

D. Rs. 839000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (604800 * 100)/(8 * 9) = 840000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 927000 amount to Rs. 1297800 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 370800. T = (370800 × 100)/(927000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 2196000 amount to Rs. 3074400 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 878400. T = (878400 × 100)/(2196000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 117000 amount to Rs. 163800 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 46800. T = (46800 × 100)/(117000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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