The principal that gives Rs. 1033200 interest in 9 years at 12% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 1033200 interest in 9 years at 12% SI is

A. Rs. 961000

B. Rs. 959000

C. Rs. 958000

D. Rs. 960000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (1033200 × 100)/(12 × 9) = 960000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2700000 amounts to Rs. 3780000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1080000. R = (1080000 × 100)/(2700000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 846000 amount to Rs. 1184400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 338400. T = (338400 × 100)/(846000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 122500 for 2 years at 13%

A. Rs. 32250

B. Rs. 31850

C. Rs. 32050

D. Rs. 31650

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Correct Answer: Option B

Explanation:
SI = (122500 * 13 * 2)/100 = 31850.

This question belongs to: Maths Simple Interest

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