The principal that gives Rs. 2448 interest in 2 years at 6% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 2448 interest in 2 years at 6% SI is

A. Rs. 20400

B. Rs. 21400

C. Rs. 19400

D. Rs. 18400

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (2448 × 100)/(6 × 2) = 20400.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 413000 to Rs. 536900 in 3 years SI

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 123900. R = (123900 * 100)/(413000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The amount after 3 years on Rs. 14000 at 8% SI is

A. Rs. 17760

B. Rs. 17160

C. Rs. 17360

D. Rs. 17560

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Correct Answer: Option C

Explanation:
SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 7200 amounts to Rs. 9360 in 5 years is

A. 6%

B. 8%

C. 4%

D. 5%

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Correct Answer: Option A

Explanation:
SI = 2160. R = (2160 × 100)/(7200 × 5) = 6%.

This question belongs to: Maths Simple Interest

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