A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal MCQ with Answer and Explanation

A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 37000

B. Rs. 35000

C. Rs. 36000

D. Rs. 34000

Answer: Option C

SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

The rate at which Rs. 3528000 amounts to Rs. 4586400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

Correct Answer: Option C

Explanation:
SI = 1058400. R = (1058400 × 100)/(3528000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 963000 amount to Rs. 1348200 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

Correct Answer: Option A

Explanation:
SI = 385200. T = (385200 × 100)/(963000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 32000 amount to Rs. 44800 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

Correct Answer: Option A

Explanation:
SI = 12800. T = (12800 × 100)/(32000 × 8) = 5 years.

This question belongs to: Maths Simple Interest