A sum at 11% SI for 4 years amounts to Rs. 41800. Principal MCQ with Answer and Explanation

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A sum at 11% SI for 4 years amounts to Rs. 41800. Principal

A. Rs. 28000

B. Rs. 26000

C. Rs. 27000

D. Rs. 29000

Answer: Option A

Solution (By JKExamLibrary)

SI = 13800. P = 41800 - 13800 = 28000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 396000 for 3 years at 14% per annum is

A. Rs. 166320

B. Rs. 166520

C. Rs. 166120

D. Rs. 166720

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Correct Answer: Option A

Explanation:
SI = (396000 × 14 × 3)/100 = 166320.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 360000 amounts to Rs. 504000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 144000. R = (144000 × 100)/(360000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2124000 for 3 years at 52% per annum is

A. Rs. 3313640

B. Rs. 3313240

C. Rs. 3313440

D. Rs. 3313840

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Correct Answer: Option C

Explanation:
SI = (2124000 × 52 × 3)/100 = 3313440.

This question belongs to: Maths Simple Interest

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