The principal giving Rs. 184800 SI in 8 years at 11% MCQ with Answer and Explanation

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The principal giving Rs. 184800 SI in 8 years at 11%

A. Rs. 209000

B. Rs. 211000

C. Rs. 210000

D. Rs. 208000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (184800 * 100)/(11 * 8) = 210000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 27500 for 2 years at 11% per annum is

A. Rs. 5850

B. Rs. 6450

C. Rs. 6250

D. Rs. 6050

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Correct Answer: Option D

Explanation:
SI = (27500 * 11 * 2)/100 = 6050.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 720000 amounts to Rs. 1008000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 288000. R = (288000 × 100)/(720000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10%

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 396900. R = (396900 × 100)/(1323000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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