The principal that gives Rs. 4410000 interest in 8 years at 22% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 4410000 interest in 8 years at 22% SI is

A. Rs. 2499000

B. Rs. 2501000

C. Rs. 2500000

D. Rs. 2498000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (4410000 × 100)/(22 × 8) = 2500000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1809000 for 3 years at 45% per annum is

A. Rs. 2442550

B. Rs. 2441950

C. Rs. 2442150

D. Rs. 2442350

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Correct Answer: Option C

Explanation:
SI = (1809000 × 45 × 3)/100 = 2442150.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 4095000 amounts to Rs. 5733000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1638000. R = (1638000 × 100)/(4095000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 693000 for 2 years at 25% per annum is

A. Rs. 346700

B. Rs. 346900

C. Rs. 346300

D. Rs. 346500

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Correct Answer: Option D

Explanation:
SI = (693000 × 25 × 2)/100 = 346500.

This question belongs to: Maths Simple Interest

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