The sum that amounts to Rs. 20400 in 5 years at 6% SI MCQ with Answer and Explanation

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The sum that amounts to Rs. 20400 in 5 years at 6% SI

A. Rs. 16600

B. Rs. 15600

C. Rs. 14600

D. Rs. 13600

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 4800. P = 20400 - 4800 = 15600.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 3681000 amount to Rs. 5153400 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 = 1472400. T = (1472400 × 100)/(3681000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 1587600 interest in 8 years at 15% SI is

A. Rs. 1323000

B. Rs. 1322000

C. Rs. 1321000

D. Rs. 1324000

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Correct Answer: Option A

Explanation:
P = (1587600 × 100)/(15 × 8) = 1323000.

This question belongs to: Maths Simple Interest

Question #3

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A sum at 13% SI for 4 years amounts to Rs. 210000. Principal

A. Rs. 141000

B. Rs. 140000

C. Rs. 139000

D. Rs. 138000

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Correct Answer: Option B

Explanation:
SI = 70000. P = 210000 - 70000 = 140000.

This question belongs to: Maths Simple Interest

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