The principal that gives Rs. 932400 interest in 8 years at 13% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 932400 interest in 8 years at 13% SI is

A. Rs. 900000

B. Rs. 899000

C. Rs. 898000

D. Rs. 901000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (932400 × 100)/(13 × 8) = 900000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2115000 amounts to Rs. 2961000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 846000. R = (846000 × 100)/(2115000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum at 5% SI for 7 years amounts to Rs. 46200. Principal

A. Rs. 32000

B. Rs. 33000

C. Rs. 34000

D. Rs. 31000

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Correct Answer: Option B

Explanation:
SI = 13200. P = 46200 - 13200 = 33000.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 25000 for 6 years at 6% per annum is

A. Rs. 8800

B. Rs. 9000

C. Rs. 9400

D. Rs. 9200

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Correct Answer: Option B

Explanation:
SI = (25000 × 6 × 6)/100 = 9000.

This question belongs to: Maths Simple Interest

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