The principal that gives Rs. 5124000 interest in 8 years at 24% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 5124000 interest in 8 years at 24% SI is

A. Rs. 2666750

B. Rs. 2668750

C. Rs. 2667750

D. Rs. 2669750

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (5124000 × 100)/(24 × 8) = 2668750.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 14364000 interest in 9 years at 35% SI is

A. Rs. 4548000

B. Rs. 4549000

C. Rs. 4550000

D. Rs. 4551000

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Correct Answer: Option C

Explanation:
P = (14364000 × 100)/(35 × 9) = 4550000.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 189000 to Rs. 245700 in 3 years SI

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 56700. R = (56700 * 100)/(189000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2493000 amounts to Rs. 3240900 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 747900. R = (747900 × 100)/(2493000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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