Rate if Rs. 56000 gives Rs. 16800 SI in 4 years MCQ with Answer and Explanation

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Rate if Rs. 56000 gives Rs. 16800 SI in 4 years

A. 7.5%

B. 6%

C. 9%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

R = (16800 * 100)/(56000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 2241000 amount to Rs. 3137400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 896400. T = (896400 × 100)/(2241000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal giving Rs. 235200 SI in 7 years at 12%

A. Rs. 278000

B. Rs. 281000

C. Rs. 280000

D. Rs. 279000

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Correct Answer: Option C

Explanation:
P = (235200 * 100)/(12 * 7) = 280000.

This question belongs to: Maths Simple Interest

Question #3

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The principal giving Rs. 117600 SI in 7 years at 12%

A. Rs. 138000

B. Rs. 141000

C. Rs. 140000

D. Rs. 139000

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Correct Answer: Option C

Explanation:
P = (117600 * 100)/(12 * 7) = 140000.

This question belongs to: Maths Simple Interest

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