The principal that gives Rs. 18144000 interest in 8 years at 48% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 18144000 interest in 8 years at 48% SI is

A. Rs. 4726000

B. Rs. 4725000

C. Rs. 4723000

D. Rs. 4724000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (18144000 × 100)/(48 × 8) = 4725000.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 189000 to Rs. 245700 in 3 years SI

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 56700. R = (56700 * 100)/(189000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 603000 amount to Rs. 844200 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 241200. T = (241200 × 100)/(603000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2682000 for 2 years at 67% per annum is

A. Rs. 3593680

B. Rs. 3593880

C. Rs. 3594080

D. Rs. 3594280

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Correct Answer: Option B

Explanation:
SI = (2682000 × 67 × 2)/100 = 3593880.

This question belongs to: Maths Simple Interest

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