A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal MCQ with Answer and Explanation

A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal
A. Rs. 97000
B. Rs. 96000
C. Rs. 98000
D. Rs. 99000
Answer: Option C
Solution (By JKExamLibrary)
SI = 43120. P = 141120 - 43120 = 98000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
In how many years will Rs. 2286000 amount to Rs. 3200400 at 8% simple interest?
A. 7 years
B. 4 years
C. 5 years
D. 6 years

Correct Answer: Option C


Explanation:
SI = 914400. T = (914400 × 100)/(2286000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2 Report Error
The principal that gives Rs. 1234800 interest in 9 years at 13% SI is
A. Rs. 1056000
B. Rs. 1054000
C. Rs. 1055000
D. Rs. 1057000

Correct Answer: Option A


Explanation:
P = (1234800 × 100)/(13 × 9) = 1056000.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The principal that gives Rs. 4586400 interest in 9 years at 20% SI is
A. Rs. 2549000
B. Rs. 2550000
C. Rs. 2548000
D. Rs. 2551000

Correct Answer: Option B


Explanation:
P = (4586400 × 100)/(20 × 9) = 2550000.

This question belongs to: Maths Simple Interest