The principal that gives Rs. 680400 interest in 9 years at 12% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 680400 interest in 9 years at 12% SI is

A. Rs. 631000

B. Rs. 629000

C. Rs. 628000

D. Rs. 630000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (680400 × 100)/(12 × 9) = 630000.

This question belongs to: Maths Simple Interest

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Question #1

Time for Rs. 35000 at 9% SI to amount Rs. 50750

A. 4 years

B. 7 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 15750. T = (15750 * 100)/(35000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 75000 for 4 years at 5% per annum is

A. Rs. 14800

B. Rs. 15400

C. Rs. 15200

D. Rs. 15000

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Correct Answer: Option D

Explanation:
SI = (75000 × 5 × 4)/100 = 15000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 495000 amounts to Rs. 693000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 198000. R = (198000 × 100)/(495000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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