The principal that gives Rs. 10306800 interest in 8 years at 34% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 10306800 interest in 8 years at 34% SI is

A. Rs. 3793000

B. Rs. 3794000

C. Rs. 3796000

D. Rs. 3795000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (10306800 × 100)/(34 × 8) = 3795000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3654000 for 3 years at 86% per annum is

A. Rs. 9433120

B. Rs. 9433520

C. Rs. 9433720

D. Rs. 9433320

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Correct Answer: Option D

Explanation:
SI = (3654000 × 86 × 3)/100 = 9433320.

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Question #3

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Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328760

B. Rs. 12328960

C. Rs. 12328360

D. Rs. 12328560

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Correct Answer: Option D

Explanation:
SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

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