A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal

A. Rs. 13000

B. Rs. 12500

C. Rs. 11000

D. Rs. 12000

Answer: Option D

Solution (By JKExamLibrary)

SI = 3600. P = 15600 - 3600 = 12000.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years Rs. 37643 will amount to Rs. 71521 at 9% simple interest?

A. 10 years

B. 11 years

C. 9 years

D. 12 years

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Correct Answer: Option A

Explanation:
SI = 33878. T = (33878 * 100)/(37643 * 9) = 10 years.

This question belongs to: Maths Simple Interest

Question #2

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The principal giving Rs. 436800 SI in 7 years at 12%

A. Rs. 520000

B. Rs. 521000

C. Rs. 519000

D. Rs. 518000

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Correct Answer: Option A

Explanation:
P = (436800 * 100)/(12 * 7) = 520000.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 1971000 amount to Rs. 2759400 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 788400. T = (788400 × 100)/(1971000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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