The principal that gives Rs. 730800 interest in 8 years at 11% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 730800 interest in 8 years at 11% SI is

A. Rs. 830000

B. Rs. 828000

C. Rs. 829000

D. Rs. 831000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641520

B. Rs. 2641720

C. Rs. 2641320

D. Rs. 2641120

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Correct Answer: Option C

Explanation:
SI = (2277000 × 58 × 2)/100 = 2641320.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1575000 amounts to Rs. 2205000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 630000. R = (630000 × 100)/(1575000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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