The principal giving Rs. 60480 SI in 9 years at 8% MCQ with Answer and Explanation

Question

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The principal giving Rs. 60480 SI in 9 years at 8%

A. Rs. 83000

B. Rs. 85000

C. Rs. 82000

D. Rs. 84000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (60480 * 100)/(8 * 9) = 84000.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 6980400 interest in 9 years at 23% SI is

A. Rs. 3360000

B. Rs. 3358000

C. Rs. 3359000

D. Rs. 3361000

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Correct Answer: Option A

Explanation:
P = (6980400 × 100)/(23 × 9) = 3360000.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 315000 amounts to Rs. 441000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 126000. R = (126000 × 100)/(315000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 837000 for 2 years at 29% per annum is

A. Rs. 485860

B. Rs. 485460

C. Rs. 485260

D. Rs. 485660

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Correct Answer: Option B

Explanation:
SI = (837000 × 29 × 2)/100 = 485460.

This question belongs to: Maths Simple Interest

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