The principal that gives Rs. 126000 interest in 5 years at 6% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 126000 interest in 5 years at 6% SI is

A. Rs. 419000

B. Rs. 418000

C. Rs. 421000

D. Rs. 420000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (126000 × 100)/(6 × 5) = 420000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 783000 amount to Rs. 1096200 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 313200. T = (313200 × 100)/(783000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 113400 interest in 6 years at 7% SI is

A. Rs. 269000

B. Rs. 268000

C. Rs. 270000

D. Rs. 271000

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Correct Answer: Option C

Explanation:
P = (113400 × 100)/(7 × 6) = 270000.

This question belongs to: Maths Simple Interest

Question #3

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A sum of Rs. 432000 amounts to Rs. 604800 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 = 172800. R = (172800 × 100)/(432000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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