The principal that gives Rs. 88200 interest in 7 years at 9% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 88200 interest in 7 years at 9% SI is

A. Rs. 140000

B. Rs. 141000

C. Rs. 138000

D. Rs. 139000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (88200 × 100)/(9 × 7) = 140000.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 63000 amounts to Rs. 81900 in 4 years

A. 7.5%

B. 9%

C. 6%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 18900. R = (18900 * 100)/(63000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 216000 amounts to Rs. 280800 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 64800. R = (64800 × 100)/(216000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 2331000 amount to Rs. 3263400 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 932400. T = (932400 × 100)/(2331000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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