The principal giving Rs. 504000 SI in 9 years at 8% MCQ with Answer and Explanation

The principal giving Rs. 504000 SI in 9 years at 8%
A. Rs. 701000
B. Rs. 699000
C. Rs. 698000
D. Rs. 700000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (504000 * 100)/(8 * 9) = 700000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 4554000 for 3 years at 106% per annum is
A. Rs. 14482200
B. Rs. 14482600
C. Rs. 14482400
D. Rs. 14482000

Correct Answer: Option A


Explanation:
SI = (4554000 × 106 × 3)/100 = 14482200.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 180000 amounts to Rs. 252000 in 4 years at simple interest. The rate is
A. 10%
B. 12%
C. 9%
D. 8%

Correct Answer: Option A


Explanation:
SI = 72000. R = (72000 × 100)/(180000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 3339000 for 3 years at 79% per annum is
A. Rs. 7915530
B. Rs. 7915930
C. Rs. 7915730
D. Rs. 7915330

Correct Answer: Option A


Explanation:
SI = (3339000 × 79 × 3)/100 = 7915530.

This question belongs to: Maths Simple Interest