The principal giving Rs. 369600 SI in 8 years at 11% MCQ with Answer and Explanation

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The principal giving Rs. 369600 SI in 8 years at 11%

A. Rs. 420000

B. Rs. 421000

C. Rs. 419000

D. Rs. 418000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (369600 * 100)/(11 * 8) = 420000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 4284000 for 3 years at 100% per annum is

A. Rs. 12852000

B. Rs. 12852400

C. Rs. 12852200

D. Rs. 12851800

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Correct Answer: Option A

Explanation:
SI = (4284000 × 100 × 3)/100 = 12852000.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3238000

B. Rs. 3241000

C. Rs. 3239000

D. Rs. 3240000

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Correct Answer: Option D

Explanation:
P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 468000 amounts to Rs. 655200 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 187200. R = (187200 × 100)/(468000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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