The principal that gives Rs. 5832000 interest in 8 years at 26% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 5832000 interest in 8 years at 26% SI is

A. Rs. 2798000

B. Rs. 2800000

C. Rs. 2801000

D. Rs. 2799000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (5832000 × 100)/(26 × 8) = 2800000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2772000 for 2 years at 69% per annum is

A. Rs. 3825560

B. Rs. 3825160

C. Rs. 3825760

D. Rs. 3825360

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Correct Answer: Option D

Explanation:
SI = (2772000 × 69 × 2)/100 = 3825360.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 1386000 amount to Rs. 1940400 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 554400. T = (554400 × 100)/(1386000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 136500 for 3 years at 11%

A. Rs. 45245

B. Rs. 44845

C. Rs. 45045

D. Rs. 45445

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Correct Answer: Option C

Explanation:
SI = (136500 * 11 * 3)/100 = 45045.

This question belongs to: Maths Simple Interest

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