A sum amounts to Rs. 43200 in 5 years at 6% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 43200 in 5 years at 6% SI. Principal

A. Rs. 31600

B. Rs. 33600

C. Rs. 34600

D. Rs. 32600

Answer: Option B

Solution (By JKExamLibrary)

SI = 9600. P = 43200 - 9600 = 33600.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 5475600 interest in 8 years at 25% SI is

A. Rs. 2738800

B. Rs. 2735800

C. Rs. 2736800

D. Rs. 2737800

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Correct Answer: Option D

Explanation:
P = (5475600 × 100)/(25 × 8) = 2737800.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4014000 for 3 years at 94% per annum is

A. Rs. 11319480

B. Rs. 11319280

C. Rs. 11319880

D. Rs. 11319680

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Correct Answer: Option A

Explanation:
SI = (4014000 × 94 × 3)/100 = 11319480.

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Question #3

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In how many years will Rs. 81000 amount to Rs. 113400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 32400. T = (32400 × 100)/(81000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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