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

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

A. Rs. 1364000

B. Rs. 1365000

C. Rs. 1363000

D. Rs. 1366000

Answer: Option B

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. 2646000 amount to Rs. 3704400 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 1058400. T = (1058400 × 100)/(2646000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 567000 amount to Rs. 793800 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 226800. T = (226800 × 100)/(567000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 378000 interest in 9 years at 10% SI is

A. Rs. 420000

B. Rs. 418000

C. Rs. 419000

D. Rs. 421000

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Correct Answer: Option A

Explanation:
P = (378000 × 100)/(10 × 9) = 420000.

This question belongs to: Maths Simple Interest

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