The principal giving Rs. 436800 SI in 7 years at 12% MCQ with Answer and Explanation

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The principal giving Rs. 436800 SI in 7 years at 12%

A. Rs. 521000

B. Rs. 520000

C. Rs. 519000

D. Rs. 518000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (436800 * 100)/(12 * 7) = 520000.

This question belongs to: Maths Simple Interest

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Question #1

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Simple interest on Rs. 594000 for 3 years at 18% per annum is

A. Rs. 320760

B. Rs. 321160

C. Rs. 320560

D. Rs. 320960

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Correct Answer: Option A

Explanation:
SI = (594000 × 18 × 3)/100 = 320760.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 1663200 interest in 9 years at 14% SI is

A. Rs. 1320000

B. Rs. 1321000

C. Rs. 1318000

D. Rs. 1319000

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Correct Answer: Option A

Explanation:
P = (1663200 × 100)/(14 × 9) = 1320000.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 3141000 amount to Rs. 4397400 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1256400. T = (1256400 × 100)/(3141000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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