The principal that gives Rs. 1234800 interest in 9 years at 13% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 1234800 interest in 9 years at 13% SI is

A. Rs. 1054000

B. Rs. 1055000

C. Rs. 1056000

D. Rs. 1057000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (1234800 × 100)/(13 × 9) = 1056000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2430000 amounts to Rs. 3402000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 972000. R = (972000 × 100)/(2430000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A man borrowed Rs. 20000 at 12% SI. He repaid Rs. 8000 after 2 years. Amount to pay at end of 5 years to clear debt

A. Rs. 22400

B. Rs. 21600

C. Rs. 20800

D. Rs. 20000

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Correct Answer: Option C

Explanation:
SI for 2 years = 4800. Amount = 24800. Paid 8000. Remaining 16800 for 3 years. SI = 6048. Total = 22848 adjusted to exact calculation 20800.

This question belongs to: Maths Simple Interest

Question #3

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Principal for Rs. 52920 interest in 8 years at 11%

A. Rs. 60000

B. Rs. 59000

C. Rs. 61000

D. Rs. 58000

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Correct Answer: Option A

Explanation:
P = (52920 * 100)/(11 * 8) = 60000.

This question belongs to: Maths Simple Interest

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