The principal that gives Rs. 1335600 interest in 8 years at 13% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 1335600 interest in 8 years at 13% SI is

A. Rs. 1280000

B. Rs. 1282500

C. Rs. 1285000

D. Rs. 1277500

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3492000 for 2 years at 85% per annum is

A. Rs. 5936800

B. Rs. 5936600

C. Rs. 5936200

D. Rs. 5936400

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Correct Answer: Option D

Explanation:
SI = (3492000 × 85 × 2)/100 = 5936400.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 4095000 amounts to Rs. 5733000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 1638000. R = (1638000 × 100)/(4095000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Years Rs. 28000 at 10% SI to give Rs. 8400 interest

A. 5 years

B. 2 years

C. 3 years

D. 4 years

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Correct Answer: Option C

Explanation:
T = (8400 * 100)/(28000 * 10) = 3 years.

This question belongs to: Maths Simple Interest

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