The principal that gives Rs. 126000 interest in 8 years at 9% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 126000 interest in 8 years at 9% SI is

A. Rs. 173000

B. Rs. 175000

C. Rs. 176000

D. Rs. 174000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (126000 × 100)/(9 × 8) = 175000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 540000 for 3 years at 18% per annum is

A. Rs. 291800

B. Rs. 291600

C. Rs. 291400

D. Rs. 292000

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Correct Answer: Option B

Explanation:
SI = (540000 × 18 × 3)/100 = 291600.

This question belongs to: Maths Simple Interest

Question #2

Years for Rs. 42000 at 7% to give Rs. 11760 interest

A. 5 years

B. 6 years

C. 3 years

D. 4 years

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Correct Answer: Option D

Explanation:
T = (11760 * 100)/(42000 * 7) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 42000 for 2 years at 5%

A. Rs. 4400

B. Rs. 4600

C. Rs. 4200

D. Rs. 4000

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Correct Answer: Option C

Explanation:
SI = (42000 * 5 * 2)/100 = 4200.

This question belongs to: Maths Simple Interest

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