The principal that gives Rs. 176400 interest in 7 years at 9% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 176400 interest in 7 years at 9% SI is

A. Rs. 280000

B. Rs. 279000

C. Rs. 281000

D. Rs. 278000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (176400 × 100)/(9 × 7) = 280000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 675000 amount to Rs. 945000 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 270000. T = (270000 × 100)/(675000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Principal for Rs. 268800 interest in 8 years at 12%

A. Rs. 278000

B. Rs. 280000

C. Rs. 281000

D. Rs. 279000

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Correct Answer: Option B

Explanation:
P = (268800 * 100)/(12 * 8) = 280000.

This question belongs to: Maths Simple Interest

Question #3

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A sum amounts to Rs. 110880 in 6 years at 7% SI. Principal

A. Rs. 85000

B. Rs. 84000

C. Rs. 82000

D. Rs. 83000

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Correct Answer: Option B

Explanation:
SI = 26880. P = 110880 - 26880 = 84000.

This question belongs to: Maths Simple Interest

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