The principal for Rs. 20160 interest in 8 years at 6% MCQ with Answer and Explanation

The principal for Rs. 20160 interest in 8 years at 6%

A. Rs. 41000

B. Rs. 40000

C. Rs. 43000

D. Rs. 42000

Answer: Option D

P = (20160 * 100)/(6 * 8) = 42000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum amounts to Rs. 110880 in 6 years at 7% SI. Principal

A. Rs. 82000

B. Rs. 84000

C. Rs. 85000

D. Rs. 83000

Correct Answer: Option B

Explanation:
SI = 26880. P = 110880 - 26880 = 84000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2547000 for 2 years at 64% per annum is

A. Rs. 3258920

B. Rs. 3258520

C. Rs. 3259120

D. Rs. 3258720

Correct Answer: Option D

Explanation:
SI = (2547000 × 64 × 2)/100 = 3258720.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4392000 for 2 years at 103% per annum is

A. Rs. 9047720

B. Rs. 9047920

C. Rs. 9047320

D. Rs. 9047520

Correct Answer: Option D

Explanation:
SI = (4392000 × 103 × 2)/100 = 9047520.

This question belongs to: Maths Simple Interest