The principal that gives Rs. 907200 interest in 8 years at 13% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 907200 interest in 8 years at 13% SI is

A. Rs. 869000

B. Rs. 868000

C. Rs. 871000

D. Rs. 870000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (907200 × 100)/(13 × 8) = 870000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1161000 amount to Rs. 1625400 at 8% simple interest?

A. 5 years

B. 6 years

C. 7 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 464400. T = (464400 × 100)/(1161000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 729000 for 2 years at 26% per annum is

A. Rs. 379480

B. Rs. 379080

C. Rs. 378880

D. Rs. 379280

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Correct Answer: Option B

Explanation:
SI = (729000 × 26 × 2)/100 = 379080.

This question belongs to: Maths Simple Interest

Question #3

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

A. Rs. 828000

B. Rs. 831000

C. Rs. 829000

D. Rs. 830000

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Correct Answer: Option D

Explanation:
P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest

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