The principal that gives Rs. 982800 interest in 9 years at 12% SI is MCQ with Answer and Explanation

The principal that gives Rs. 982800 interest in 9 years at 12% SI is
A. Rs. 911000
B. Rs. 910000
C. Rs. 908000
D. Rs. 909000
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (982800 × 100)/(12 × 9) = 910000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 36000 amounts to Rs. 46800 in 3 years is
A. 9%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 10800. R = (10800 × 100)/(36000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 1809000 for 3 years at 45% per annum is
A. Rs. 2442550
B. Rs. 2442150
C. Rs. 2442350
D. Rs. 2441950

Correct Answer: Option B


Explanation:
SI = (1809000 × 45 × 3)/100 = 2442150.

This question belongs to: Maths Simple Interest
Question #3
A sum amounts to Rs. 110880 in 6 years at 7% SI. Principal
A. Rs. 82000
B. Rs. 84000
C. Rs. 83000
D. Rs. 85000

Correct Answer: Option B


Explanation:
SI = 26880. P = 110880 - 26880 = 84000.

This question belongs to: Maths Simple Interest