The principal that gives Rs. 2646000 interest in 8 years at 17% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 2646000 interest in 8 years at 17% SI is

A. Rs. 1942500

B. Rs. 1940500

C. Rs. 1943500

D. Rs. 1941500

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (2646000 × 100)/(17 × 8) = 1942500.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 157500 for 3 years at 13%

A. Rs. 61825

B. Rs. 61225

C. Rs. 61625

D. Rs. 61425

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Correct Answer: Option D

Explanation:
SI = (157500 * 13 * 3)/100 = 61425.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3906000 amount to Rs. 5468400 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 = 1562400. T = (1562400 × 100)/(3906000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1827000 for 2 years at 48% per annum is

A. Rs. 1753720

B. Rs. 1754120

C. Rs. 1753920

D. Rs. 1754320

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Correct Answer: Option C

Explanation:
SI = (1827000 × 48 × 2)/100 = 1753920.

This question belongs to: Maths Simple Interest

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