The principal giving Rs. 571200 SI in 8 years at 13% MCQ with Answer and Explanation

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The principal giving Rs. 571200 SI in 8 years at 13%

A. Rs. 551000

B. Rs. 548000

C. Rs. 550000

D. Rs. 549000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (571200 * 100)/(13 * 8) = 550000.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 227500 for 5 years at 7%

A. Rs. 80025

B. Rs. 79825

C. Rs. 79425

D. Rs. 79625

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Correct Answer: Option D

Explanation:
SI = (227500 * 7 * 5)/100 = 79625.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4302000 for 2 years at 101% per annum is

A. Rs. 8689840

B. Rs. 8690040

C. Rs. 8690240

D. Rs. 8690440

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Correct Answer: Option B

Explanation:
SI = (4302000 × 101 × 2)/100 = 8690040.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2970000 amounts to Rs. 4158000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1188000. R = (1188000 × 100)/(2970000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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