Principal for Rs. 134400 interest in 8 years at 12% MCQ with Answer and Explanation

Principal for Rs. 134400 interest in 8 years at 12%

A. Rs. 138000

B. Rs. 139000

C. Rs. 141000

D. Rs. 140000

Answer: Option D

P = (134400 * 100)/(12 * 8) = 140000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Correct Answer: Option B

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2907000 for 2 years at 72% per annum is

A. Rs. 4186480

B. Rs. 4186280

C. Rs. 4186080

D. Rs. 4185880

Correct Answer: Option C

Explanation:
SI = (2907000 × 72 × 2)/100 = 4186080.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum doubles in 8 years at simple interest. Rate is

A. 8%

B. 12.5%

C. 15%

D. 10%

Correct Answer: Option B

Explanation:
R = 100/8 = 12.5%.

This question belongs to: Maths Simple Interest