The principal that gives Rs. 252000 interest in 6 years at 7% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 252000 interest in 6 years at 7% SI is

A. Rs. 599000

B. Rs. 600000

C. Rs. 601000

D. Rs. 598000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (252000 × 100)/(7 × 6) = 600000.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 399000 amounts to Rs. 518700 in 3 years

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 119700. R = (119700 * 100)/(399000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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

A. Rs. 708480

B. Rs. 708680

C. Rs. 708880

D. Rs. 708280

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Correct Answer: Option A

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

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 4203000 amounts to Rs. 5463900 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1260900. R = (1260900 × 100)/(4203000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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