The principal that gives Rs. 2293200 interest in 8 years at 17% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 2293200 interest in 8 years at 17% SI is

A. Rs. 1687500

B. Rs. 1688500

C. Rs. 1685500

D. Rs. 1686500

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (2293200 × 100)/(17 × 8) = 1687500.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 2241000 amount to Rs. 3137400 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 896400. T = (896400 × 100)/(2241000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 42000 amounts to Rs. 58800 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 16800. R = (16800 × 100)/(42000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 1071000 amount to Rs. 1499400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 428400. T = (428400 × 100)/(1071000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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