A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is MCQ with Answer and Explanation

Question Report Error

A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is

A. Rs. 11000

B. Rs. 10000

C. Rs. 9000

D. Rs. 12000

Answer: Option D

Solution (By JKExamLibrary)

Interest = 13500 - P. SI = (P × 5 × 3)/100 = 13500 - P. Solving gives P = 12000.

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

Simple interest on Rs. 405000 for 2 years at 17% per annum is

A. Rs. 137500

B. Rs. 137900

C. Rs. 137700

D. Rs. 138100

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (405000 × 17 × 2)/100 = 137700.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 491400. R = (491400 × 100)/(1638000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 25200 interest in 5 years at 8% SI is

A. Rs. 61000

B. Rs. 63000

C. Rs. 62000

D. Rs. 64000

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
P = (25200 × 100)/(8 × 5) = 63000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs