Principal for Rs. 537600 interest in 7 years at 12% MCQ with Answer and Explanation

Principal for Rs. 537600 interest in 7 years at 12%

A. Rs. 638000

B. Rs. 641000

C. Rs. 639000

D. Rs. 640000

Answer: Option D

P = (537600 * 100)/(12 * 7) = 640000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

Simple interest on Rs. 2034000 for 3 years at 50% per annum is

A. Rs. 3051400

B. Rs. 3051200

C. Rs. 3051000

D. Rs. 3050800

Correct Answer: Option C

Explanation:
SI = (2034000 × 50 × 3)/100 = 3051000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum at 11% SI for 5 years amounts to Rs. 189000. Principal

A. Rs. 126000

B. Rs. 127000

C. Rs. 124000

D. Rs. 125000

Correct Answer: Option A

Explanation:
SI = 63000. P = 189000 - 63000 = 126000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum at 12% SI for 4 years amounts to Rs. 57600. Principal

A. Rs. 35000

B. Rs. 37000

C. Rs. 34000

D. Rs. 36000

Correct Answer: Option D

Explanation:
SI = 21600. P = 57600 - 21600 = 36000.

This question belongs to: Maths Simple Interest