Principal that amounts to Rs. 23400 in 4 years at 5% SI is MCQ with Answer and Explanation

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Principal that amounts to Rs. 23400 in 4 years at 5% SI is

A. Rs. 20500

B. Rs. 18500

C. Rs. 17500

D. Rs. 19500

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 3900. P = 23400 - 3900 = 19500.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 1134000 interest in 9 years at 12% SI is

A. Rs. 1048000

B. Rs. 1051000

C. Rs. 1050000

D. Rs. 1049000

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Correct Answer: Option C

Explanation:
P = (1134000 × 100)/(12 × 9) = 1050000.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 774000 for 3 years at 22% per annum is

A. Rs. 511240

B. Rs. 510840

C. Rs. 510640

D. Rs. 511040

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Correct Answer: Option B

Explanation:
SI = (774000 × 22 × 3)/100 = 510840.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 432000 for 2 years at 17% per annum is

A. Rs. 146680

B. Rs. 147080

C. Rs. 146880

D. Rs. 147280

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Correct Answer: Option C

Explanation:
SI = (432000 × 17 × 2)/100 = 146880.

This question belongs to: Maths Simple Interest

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