The principal that gives Rs. 428400 interest in 9 years at 11% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 428400 interest in 9 years at 11% SI is

A. Rs. 430000

B. Rs. 432000

C. Rs. 431000

D. Rs. 433000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (428400 × 100)/(11 × 9) = 432000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 55000 for 3 years at 8% per annum is

A. Rs. 13600

B. Rs. 13200

C. Rs. 13400

D. Rs. 13000

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Correct Answer: Option B

Explanation:
SI = (55000 × 8 × 3)/100 = 13200.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3762000 for 2 years at 91% per annum is

A. Rs. 6847240

B. Rs. 6847040

C. Rs. 6846840

D. Rs. 6846640

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Correct Answer: Option C

Explanation:
SI = (3762000 × 91 × 2)/100 = 6846840.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2088000 amounts to Rs. 2714400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 626400. R = (626400 × 100)/(2088000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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