The principal that gives Rs. 100800 interest in 7 years at 8% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 100800 interest in 7 years at 8% SI is

A. Rs. 180000

B. Rs. 178000

C. Rs. 179000

D. Rs. 181000

Answer: Option A

Solution (By JKExamLibrary)

P = (100800 × 100)/(8 × 7) = 180000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Time for Rs. 35000 at 9% SI to amount Rs. 50750

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 15750. T = (15750 * 100)/(35000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 3915000 amounts to Rs. 5481000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1566000. R = (1566000 × 100)/(3915000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 1454400. T = (1454400 × 100)/(3636000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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