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

Question

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

A. Rs. 4723000

B. Rs. 4726000

C. Rs. 4725000

D. Rs. 4724000

Answer: Option C

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 35000 amounts to Rs. 45500 in 4 years at simple interest. The rate is

A. 9%

B. 7.5%

C. 8%

D. 6%

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Correct Answer: Option B

Explanation:
SI = 10500. R = (10500 × 100)/(35000 × 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 16416000 interest in 8 years at 45% SI is

A. Rs. 4550000

B. Rs. 4549000

C. Rs. 4551000

D. Rs. 4548000

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Correct Answer: Option A

Explanation:
P = (16416000 × 100)/(45 × 8) = 4550000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 192500 for 2 years at 15%

A. Rs. 57550

B. Rs. 57950

C. Rs. 58150

D. Rs. 57750

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Correct Answer: Option D

Explanation:
SI = (192500 * 15 * 2)/100 = 57750.

This question belongs to: Maths Simple Interest

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