The principal that gives Rs. 113400 interest in 6 years at 7% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 113400 interest in 6 years at 7% SI is

A. Rs. 269000

B. Rs. 270000

C. Rs. 271000

D. Rs. 268000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (113400 × 100)/(7 × 6) = 270000.

This question belongs to: Maths Simple Interest

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Question #1

Principal for Rs. 21600 interest in 6 years at 9%

A. Rs. 38000

B. Rs. 41000

C. Rs. 40000

D. Rs. 39000

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Correct Answer: Option C

Explanation:
P = (21600 * 100)/(9 * 6) = 40000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2655000 amounts to Rs. 3717000 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 = 1062000. R = (1062000 × 100)/(2655000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1044000 for 3 years at 28% per annum is

A. Rs. 876960

B. Rs. 877160

C. Rs. 877360

D. Rs. 876760

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Correct Answer: Option A

Explanation:
SI = (1044000 × 28 × 3)/100 = 876960.

This question belongs to: Maths Simple Interest

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