Principal that gives Rs. 12600 SI in 3 years at 7% is MCQ with Answer and Explanation

Question

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Principal that gives Rs. 12600 SI in 3 years at 7% is

A. Rs. 61000

B. Rs. 59000

C. Rs. 58000

D. Rs. 60000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (12600 × 100)/(7 × 3) = 60000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 48000 amounts to Rs. 67200 in 5 years at simple interest. The rate is

A. 8%

B. 6%

C. 9%

D. 10%

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Correct Answer: Option A

Explanation:
SI = 19200. R = (19200 × 100)/(48000 × 5) = 8%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 927000 for 2 years at 28% per annum is

A. Rs. 519320

B. Rs. 518920

C. Rs. 519120

D. Rs. 519520

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Correct Answer: Option C

Explanation:
SI = (927000 × 28 × 2)/100 = 519120.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 4599000 for 3 years at 107% per annum is

A. Rs. 14768110

B. Rs. 14767910

C. Rs. 14767710

D. Rs. 14767510

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Correct Answer: Option C

Explanation:
SI = (4599000 × 107 × 3)/100 = 14767710.

This question belongs to: Maths Simple Interest

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