The principal that gives Rs. 10627200 interest in 8 years at 35% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 10627200 interest in 8 years at 35% SI is

A. Rs. 3799000

B. Rs. 3798000

C. Rs. 3801000

D. Rs. 3800000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (10627200 × 100)/(35 × 8) = 3800000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2799000 for 3 years at 67% per annum is

A. Rs. 5628730

B. Rs. 5628930

C. Rs. 5629330

D. Rs. 5629130

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Correct Answer: Option B

Explanation:
SI = (2799000 × 67 × 3)/100 = 5628930.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 396000 amounts to Rs. 554400 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 158400. R = (158400 × 100)/(396000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 4057200 interest in 8 years at 21% SI is

A. Rs. 2416000

B. Rs. 2413000

C. Rs. 2414000

D. Rs. 2415000

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Correct Answer: Option D

Explanation:
P = (4057200 × 100)/(21 × 8) = 2415000.

This question belongs to: Maths Simple Interest

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