The principal that gives Rs. 7516800 interest in 9 years at 24% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 7516800 interest in 9 years at 24% SI is

A. Rs. 3478000

B. Rs. 3480000

C. Rs. 3481000

D. Rs. 3479000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (7516800 × 100)/(24 × 9) = 3480000.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 2133000 amounts to Rs. 2772900 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 639900. R = (639900 × 100)/(2133000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1000 for 2 years at 6% is

A. Rs. 100

B. Rs. 80

C. Rs. 140

D. Rs. 120

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Correct Answer: Option D

Explanation:
SI = (1000 × 6 × 2)/100 = 120.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 180000 for 3 years at 9% per annum is

A. Rs. 48400

B. Rs. 48600

C. Rs. 48800

D. Rs. 49000

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Correct Answer: Option B

Explanation:
SI = (180000 × 9 × 3)/100 = 48600.

This question belongs to: Maths Simple Interest

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