The principal that gives Rs. 1814400 interest in 9 years at 14% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 1814400 interest in 9 years at 14% SI is

A. Rs. 1438000

B. Rs. 1440000

C. Rs. 1439000

D. Rs. 1441000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (1814400 × 100)/(14 × 9) = 1440000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 450000 amounts to Rs. 630000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 180000. R = (180000 × 100)/(450000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 2565000 amounts to Rs. 3591000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1026000. R = (1026000 × 100)/(2565000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Rate of interest if Rs. 18000 gives Rs. 5400 interest in 5 years is

A. 7%

B. 5%

C. 6%

D. 8%

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Correct Answer: Option C

Explanation:
R = (5400 * 100)/(18000 * 5) = 6%.

This question belongs to: Maths Simple Interest

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