The principal that gives Rs. 226800 interest in 7 years at 8% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 226800 interest in 7 years at 8% SI is

A. Rs. 403000

B. Rs. 405000

C. Rs. 406000

D. Rs. 404000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (226800 × 100)/(8 × 7) = 405000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1116000 amount to Rs. 1562400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 446400. T = (446400 × 100)/(1116000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2500 for 4 years at 9% per annum is

A. Rs. 800

B. Rs. 900

C. Rs. 1000

D. Rs. 750

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Correct Answer: Option B

Explanation:
SI = (2500 × 9 × 4)/100 = 900.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 459000 for 3 years at 15% per annum is

A. Rs. 206550

B. Rs. 206950

C. Rs. 206750

D. Rs. 206350

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Correct Answer: Option A

Explanation:
SI = (459000 × 15 × 3)/100 = 206550.

This question belongs to: Maths Simple Interest

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