The principal that gives Rs. 3351600 interest in 8 years at 19% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 3351600 interest in 8 years at 19% SI is

A. Rs. 2206000

B. Rs. 2203000

C. Rs. 2204000

D. Rs. 2205000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (3351600 × 100)/(19 × 8) = 2205000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 342000 for 2 years at 15% per annum is

A. Rs. 102600

B. Rs. 103000

C. Rs. 102400

D. Rs. 102800

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Correct Answer: Option A

Explanation:
SI = (342000 × 15 × 2)/100 = 102600.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3816000 amount to Rs. 5342400 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 1526400. T = (1526400 × 100)/(3816000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 105000 for 2 years at 6% per annum is

A. Rs. 12600

B. Rs. 12800

C. Rs. 13000

D. Rs. 12400

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Correct Answer: Option A

Explanation:
SI = (105000 × 6 × 2)/100 = 12600.

This question belongs to: Maths Simple Interest

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