The principal that gives Rs. 529200 interest in 8 years at 9% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 529200 interest in 8 years at 9% SI is

A. Rs. 735000

B. Rs. 733000

C. Rs. 736000

D. Rs. 734000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (529200 × 100)/(9 × 8) = 735000.

This question belongs to: Maths Simple Interest

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Question #1

Time for Rs. 448000 at 13% to amount Rs. 627200

A. 4 years

B. 6 years

C. 5 years

D. 3 years

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Correct Answer: Option A

Explanation:
SI = 179200. T = (179200 * 100)/(448000 * 13) = 4 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 729000 for 3 years at 21% per annum is

A. Rs. 459070

B. Rs. 459670

C. Rs. 459470

D. Rs. 459270

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Correct Answer: Option D

Explanation:
SI = (729000 × 21 × 3)/100 = 459270.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2160000 amounts to Rs. 3024000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 864000. R = (864000 × 100)/(2160000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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