The principal that gives Rs. 16992000 interest in 8 years at 46% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 16992000 interest in 8 years at 46% SI is

A. Rs. 4617391

B. Rs. 4615391

C. Rs. 4618391

D. Rs. 4616391

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (16992000 × 100)/(46 × 8) = 4617391.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 747000 amount to Rs. 1045800 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 298800. T = (298800 × 100)/(747000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 990000 amounts to Rs. 1386000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 396000. R = (396000 × 100)/(990000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum at 9% SI for 5 years amounts to Rs. 126000. Principal

A. Rs. 83000

B. Rs. 85000

C. Rs. 82000

D. Rs. 84000

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Correct Answer: Option D

Explanation:
SI = 42000. P = 126000 - 42000 = 84000.

This question belongs to: Maths Simple Interest

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