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. 4131000

C. Rs. 4128000

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

Simple interest on Rs. 936000 for 3 years at 29% per annum is

A. Rs. 814720

B. Rs. 814520

C. Rs. 814120

D. Rs. 814320

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Correct Answer: Option D

Explanation:
SI = (936000 × 29 × 3)/100 = 814320.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 135000 amount to Rs. 189000 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 54000. T = (54000 × 100)/(135000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 2241000 amount to Rs. 3137400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 896400. T = (896400 × 100)/(2241000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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