The principal that gives Rs. 5475600 interest in 8 years at 25% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 5475600 interest in 8 years at 25% SI is

A. Rs. 2738800

B. Rs. 2737800

C. Rs. 2735800

D. Rs. 2736800

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (5475600 × 100)/(25 × 8) = 2737800.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 1395000 amounts to Rs. 1953000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 558000. R = (558000 × 100)/(1395000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest?

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 1454400. T = (1454400 × 100)/(3636000 × 8) = 5 years.

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Question #3

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A sum of Rs. 4230000 amounts to Rs. 5922000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1692000. R = (1692000 × 100)/(4230000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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