The principal that gives Rs. 100800 interest in 8 years at 9% SI is MCQ with Answer and Explanation

The principal that gives Rs. 100800 interest in 8 years at 9% SI is
A. Rs. 139000
B. Rs. 138000
C. Rs. 141000
D. Rs. 140000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (100800 × 100)/(9 × 8) = 140000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is
A. 10%
B. 8%
C. 9%
D. 12%

Correct Answer: Option A


Explanation:
SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Time for Rs. 35000 at 9% SI to amount Rs. 50750
A. 4 years
B. 5 years
C. 7 years
D. 6 years

Correct Answer: Option B


Explanation:
SI = 15750. T = (15750 * 100)/(35000 * 9) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
In how many years Rs. 24000 will amount to Rs. 33600 at 8% SI?
A. 4 years
B. 7 years
C. 6 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 9600. T = (9600 × 100)/(24000 × 8) = 5 years.

This question belongs to: Maths Simple Interest