The principal that gives Rs. 1134000 interest in 8 years at 12% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 1134000 interest in 8 years at 12% SI is

A. Rs. 1182500

B. Rs. 1180000

C. Rs. 1178750

D. Rs. 1181250

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (1134000 × 100)/(12 × 8) = 1181250.

This question belongs to: Maths Simple Interest

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Question #1

The principal giving Rs. 235200 SI in 7 years at 12%

A. Rs. 279000

B. Rs. 278000

C. Rs. 281000

D. Rs. 280000

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Correct Answer: Option D

Explanation:
P = (235200 * 100)/(12 * 7) = 280000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 324000 for 3 years at 12% per annum is

A. Rs. 116440

B. Rs. 116840

C. Rs. 117040

D. Rs. 116640

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Correct Answer: Option D

Explanation:
SI = (324000 × 12 × 3)/100 = 116640.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3033000 amounts to Rs. 3942900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 909900. R = (909900 × 100)/(3033000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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