A sum at 17% SI for 4 years amounts to Rs. 392000. Principal MCQ with Answer and Explanation

Question Report Error

A sum at 17% SI for 4 years amounts to Rs. 392000. Principal

A. Rs. 211000

B. Rs. 210000

C. Rs. 208000

D. Rs. 209000

Answer: Option B

Solution (By JKExamLibrary)

SI = 182000. P = 392000 - 182000 = 210000.

This question belongs to: Maths Simple Interest

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 486000 amounts to Rs. 631800 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 145800. R = (145800 × 100)/(486000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum becomes Rs. 25200 after 3 years and Rs. 28000 after 5 years at simple interest. The principal is

A. Rs. 19600

B. Rs. 22400

C. Rs. 21000

D. Rs. 18200

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
Difference for 2 years = 2800. SI per year = 1400. SI for 3 years = 4200. Principal = 25200 - 4200 = 21000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Rate of interest if Rs. 18000 gives Rs. 5400 interest in 5 years is

A. 6%

B. 5%

C. 7%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
R = (5400 * 100)/(18000 * 5) = 6%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs