The principal that gives Rs. 1747200 interest in 8 years at 16% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 1747200 interest in 8 years at 16% SI is

A. Rs. 1366000

B. Rs. 1363000

C. Rs. 1364000

D. Rs. 1365000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (1747200 × 100)/(16 × 8) = 1365000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1701000 amount to Rs. 2381400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 680400. T = (680400 × 100)/(1701000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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SI on Rs. 36400 for 3 years at 11%

A. Rs. 12412

B. Rs. 12212

C. Rs. 12012

D. Rs. 11812

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Correct Answer: Option C

Explanation:
SI = (36400 * 11 * 3)/100 = 12012.

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Question #3

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In how many years will Rs. 3906000 amount to Rs. 5468400 at 8% simple interest?

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 1562400. T = (1562400 × 100)/(3906000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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