The principal that gives Rs. 2469600 interest in 9 years at 15% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 2469600 interest in 9 years at 15% SI is

A. Rs. 1828000

B. Rs. 1830000

C. Rs. 1831000

D. Rs. 1829000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (2469600 × 100)/(15 × 9) = 1830000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 2286000 amount to Rs. 3200400 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 914400. T = (914400 × 100)/(2286000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3924000 for 3 years at 92% per annum is

A. Rs. 10834040

B. Rs. 10833840

C. Rs. 10834240

D. Rs. 10833640

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Correct Answer: Option B

Explanation:
SI = (3924000 × 92 × 3)/100 = 10833840.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 63000 interest in 6 years at 7% SI is

A. Rs. 149000

B. Rs. 148000

C. Rs. 150000

D. Rs. 151000

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Correct Answer: Option C

Explanation:
P = (63000 × 100)/(7 × 6) = 150000.

This question belongs to: Maths Simple Interest

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