The principal that gives Rs. 1209600 interest in 8 years at 14% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 1209600 interest in 8 years at 14% SI is

A. Rs. 1078000

B. Rs. 1081000

C. Rs. 1079000

D. Rs. 1080000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (1209600 × 100)/(14 × 8) = 1080000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3555000 amounts to Rs. 4977000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1422000. R = (1422000 × 100)/(3555000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 189000 for 3 years at 9% per annum is

A. Rs. 50830

B. Rs. 51030

C. Rs. 51430

D. Rs. 51230

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Correct Answer: Option B

Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 1872000 for 2 years at 49% per annum is

A. Rs. 1834560

B. Rs. 1834760

C. Rs. 1834960

D. Rs. 1834360

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Correct Answer: Option A

Explanation:
SI = (1872000 × 49 × 2)/100 = 1834560.

This question belongs to: Maths Simple Interest

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