The principal that gives Rs. 201600 interest in 6 years at 7% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 201600 interest in 6 years at 7% SI is

A. Rs. 479000

B. Rs. 478000

C. Rs. 481000

D. Rs. 480000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (201600 × 100)/(7 × 6) = 480000.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3438000 amounts to Rs. 4469400 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1031400. R = (1031400 × 100)/(3438000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 455000 amounts to Rs. 591500 in 3 years

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 136500. R = (136500 * 100)/(455000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 1881000 amount to Rs. 2633400 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 = 752400. T = (752400 × 100)/(1881000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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