The principal that gives Rs. 25200 interest in 5 years at 8% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 25200 interest in 5 years at 8% SI is

A. Rs. 61000

B. Rs. 62000

C. Rs. 63000

D. Rs. 64000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (25200 × 100)/(8 × 5) = 63000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 279000 amount to Rs. 390600 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 111600. T = (111600 × 100)/(279000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 1107000 for 2 years at 32% per annum is

A. Rs. 708280

B. Rs. 708680

C. Rs. 708880

D. Rs. 708480

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Correct Answer: Option D

Explanation:
SI = (1107000 × 32 × 2)/100 = 708480.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 360000 for 3 years at 13% per annum is

A. Rs. 140400

B. Rs. 140600

C. Rs. 140200

D. Rs. 140800

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Correct Answer: Option A

Explanation:
SI = (360000 × 13 × 3)/100 = 140400.

This question belongs to: Maths Simple Interest

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