The principal that gives Rs. 11541600 interest in 9 years at 31% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 11541600 interest in 9 years at 31% SI is

A. Rs. 4129000

B. Rs. 4128000

C. Rs. 4131000

D. Rs. 4130000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (11541600 × 100)/(31 × 9) = 4130000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 855000 amounts to Rs. 1197000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 342000. R = (342000 × 100)/(855000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 2718000 amounts to Rs. 3533400 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 815400. R = (815400 × 100)/(2718000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 4617000 for 2 years at 108% per annum is

A. Rs. 9972520

B. Rs. 9972720

C. Rs. 9973120

D. Rs. 9972920

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Correct Answer: Option B

Explanation:
SI = (4617000 × 108 × 2)/100 = 9972720.

This question belongs to: Maths Simple Interest

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