The principal that gives Rs. 1058400 interest in 8 years at 13% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 1058400 interest in 8 years at 13% SI is

A. Rs. 1012500

B. Rs. 1010500

C. Rs. 1013500

D. Rs. 1011500

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (1058400 × 100)/(13 × 8) = 1012500.

This question belongs to: Maths Simple Interest

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Question #1

Time for Rs. 35000 at 9% SI to amount Rs. 50750

A. 7 years

B. 5 years

C. 4 years

D. 6 years

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Correct Answer: Option B

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

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 387000 for 2 years at 16% per annum is

A. Rs. 124240

B. Rs. 123640

C. Rs. 123840

D. Rs. 124040

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Correct Answer: Option C

Explanation:
SI = (387000 × 16 × 2)/100 = 123840.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 385000 to Rs. 500500 in 3 years SI

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 115500. R = (115500 * 100)/(385000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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