A sum at 6% SI for 8 years amounts to Rs. 201600. Principal MCQ with Answer and Explanation

A sum at 6% SI for 8 years amounts to Rs. 201600. Principal

A. Rs. 126000

B. Rs. 124000

C. Rs. 125000

D. Rs. 127000

Answer: Option A

SI = 75600. P = 201600 - 75600 = 126000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 432000 amounts to Rs. 604800 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

Correct Answer: Option D

Explanation:
SI = 172800. R = (172800 × 100)/(432000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 1584000 for 3 years at 40% per annum is

A. Rs. 1901000

B. Rs. 1900800

C. Rs. 1901200

D. Rs. 1900600

Correct Answer: Option B

Explanation:
SI = (1584000 × 40 × 3)/100 = 1900800.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 201600 interest in 6 years at 7% SI is

A. Rs. 481000

B. Rs. 480000

C. Rs. 478000

D. Rs. 479000

Correct Answer: Option B

Explanation:
P = (201600 × 100)/(7 × 6) = 480000.

This question belongs to: Maths Simple Interest