The principal that gives Rs. 13500000 interest in 8 years at 40% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 13500000 interest in 8 years at 40% SI is

A. Rs. 4218750

B. Rs. 4216750

C. Rs. 4217750

D. Rs. 4219750

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (13500000 × 100)/(40 × 8) = 4218750.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 855000 amounts to Rs. 1197000 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 = 342000. R = (342000 × 100)/(855000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2817000 for 2 years at 70% per annum is

A. Rs. 3944200

B. Rs. 3943600

C. Rs. 3944000

D. Rs. 3943800

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Correct Answer: Option D

Explanation:
SI = (2817000 × 70 × 2)/100 = 3943800.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 31500 interest in 5 years at 9% SI is

A. Rs. 68000

B. Rs. 69000

C. Rs. 71000

D. Rs. 70000

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Correct Answer: Option D

Explanation:
P = (31500 × 100)/(9 × 5) = 70000.

This question belongs to: Maths Simple Interest

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