A sum at 5% SI for 7 years amounts to Rs. 46200. Principal MCQ with Answer and Explanation

A sum at 5% SI for 7 years amounts to Rs. 46200. Principal

A. Rs. 34000

B. Rs. 31000

C. Rs. 32000

D. Rs. 33000

Answer: Option D

SI = 13200. P = 46200 - 13200 = 33000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

In how many years will Rs. 3051000 amount to Rs. 4271400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 1220400. T = (1220400 × 100)/(3051000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 108000 for 4 years at 6% per annum is

A. Rs. 26320

B. Rs. 25720

C. Rs. 26120

D. Rs. 25920

Correct Answer: Option D

Explanation:
SI = (108000 × 6 × 4)/100 = 25920.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358760

B. Rs. 358360

C. Rs. 358960

D. Rs. 358560

Correct Answer: Option D

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest