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

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

A. Rs. 1687500

B. Rs. 1685500

C. Rs. 1688500

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

Simple interest on Rs. 178500 for 4 years at 10%

A. Rs. 71400

B. Rs. 71200

C. Rs. 71800

D. Rs. 71600

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Correct Answer: Option A

Explanation:
SI = (178500 * 10 * 4)/100 = 71400.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 1346400. T = (1346400 × 100)/(3366000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2745000 amounts to Rs. 3843000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1098000. R = (1098000 × 100)/(2745000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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