The principal on which SI for 5 years at 7% is Rs. 12250 is MCQ with Answer and Explanation

The principal on which SI for 5 years at 7% is Rs. 12250 is
A. Rs. 34000
B. Rs. 33000
C. Rs. 35000
D. Rs. 36000
Answer: Option C
Solution (By JKExamLibrary)
P = (12250 * 100)/(7 * 5) = 35000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
A sum of Rs. 2205000 amounts to Rs. 3087000 in 4 years at simple interest. The rate is
A. 10%
B. 9%
C. 8%
D. 12%

Correct Answer: Option A


Explanation:
SI = 882000. R = (882000 × 100)/(2205000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
The principal that gives Rs. 113400 interest in 9 years at 7% SI is
A. Rs. 179000
B. Rs. 181000
C. Rs. 180000
D. Rs. 178000

Correct Answer: Option C


Explanation:
P = (113400 × 100)/(7 × 9) = 180000.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Principal for Rs. 672000 interest in 8 years at 12%
A. Rs. 699000
B. Rs. 701000
C. Rs. 700000
D. Rs. 698000

Correct Answer: Option C


Explanation:
P = (672000 * 100)/(12 * 8) = 700000.

This question belongs to: Maths Simple Interest