The sum that amounts to Rs. 28800 in 5 years at 8% SI MCQ with Answer and Explanation

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The sum that amounts to Rs. 28800 in 5 years at 8% SI

A. Rs. 20200

B. Rs. 17200

C. Rs. 19200

D. Rs. 18200

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 9600. P = 28800 - 9600 = 19200.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 16128000 interest in 9 years at 37% SI is

A. Rs. 4835500

B. Rs. 4836500

C. Rs. 4838500

D. Rs. 4837500

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Correct Answer: Option D

Explanation:
P = (16128000 × 100)/(37 × 9) = 4837500.

This question belongs to: Maths Simple Interest

Question #2

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The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 383400. R = (383400 × 100)/(1278000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Simple interest on Rs. 3339000 for 3 years at 79% per annum is

A. Rs. 7915730

B. Rs. 7915930

C. Rs. 7915530

D. Rs. 7915330

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Correct Answer: Option C

Explanation:
SI = (3339000 × 79 × 3)/100 = 7915530.

This question belongs to: Maths Simple Interest

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