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. 1013500

C. Rs. 1010500

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

The principal that gives Rs. 12412800 interest in 8 years at 38% SI is

A. Rs. 4081000

B. Rs. 4078000

C. Rs. 4080000

D. Rs. 4079000

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Correct Answer: Option C

Explanation:
P = (12412800 × 100)/(38 × 8) = 4080000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3105000 amounts to Rs. 4347000 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 = 1242000. R = (1242000 × 100)/(3105000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The interest on Rs. 35000 for 4 years at R% is Rs. 9800. R is

A. 6%

B. 7%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
R = (9800 × 100)/(35000 × 4) = 7%.

This question belongs to: Maths Simple Interest

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