The principal giving Rs. 88200 SI in 6 years at 11% MCQ with Answer and Explanation

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The principal giving Rs. 88200 SI in 6 years at 11%

A. Rs. 134636

B. Rs. 132636

C. Rs. 131636

D. Rs. 133636

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (88200 * 100)/(11 * 6) = 133636 approx adjusted 133000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1044000 for 3 years at 28% per annum is

A. Rs. 877360

B. Rs. 876960

C. Rs. 877160

D. Rs. 876760

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Correct Answer: Option B

Explanation:
SI = (1044000 × 28 × 3)/100 = 876960.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1782000 for 2 years at 47% per annum is

A. Rs. 1674880

B. Rs. 1675480

C. Rs. 1675280

D. Rs. 1675080

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Correct Answer: Option D

Explanation:
SI = (1782000 × 47 × 2)/100 = 1675080.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 4041000 amount to Rs. 5657400 at 8% simple interest?

A. 4 years

B. 6 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 1616400. T = (1616400 × 100)/(4041000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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