The principal that gives Rs. 10094400 interest in 9 years at 28% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 4000000

B. Rs. 3998000

C. Rs. 4001000

D. Rs. 3999000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3645000 amounts to Rs. 5103000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1458000. R = (1458000 × 100)/(3645000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 66500 for 3 years at 9%

A. Rs. 18355

B. Rs. 17755

C. Rs. 17955

D. Rs. 18155

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Correct Answer: Option C

Explanation:
SI = (66500 * 9 * 3)/100 = 17955.

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Question #3

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In how many years will Rs. 1161000 amount to Rs. 1625400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 464400. T = (464400 × 100)/(1161000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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