The principal that gives Rs. 10094400 interest in 9 years at 28% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 3999000

B. Rs. 4000000

C. Rs. 3998000

D. Rs. 4001000

Answer: Option B

Solution (By JKExamLibrary)

P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 747000 for 2 years at 24% per annum is

A. Rs. 358560

B. Rs. 358960

C. Rs. 358360

D. Rs. 358760

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 900000 amounts to Rs. 1260000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 360000. R = (360000 × 100)/(900000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum becomes Rs. 11200 after 3 years and Rs. 12800 after 5 years at simple interest. The sum is

A. Rs. 8500

B. Rs. 8000

C. Rs. 7500

D. Rs. 9000

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
Difference for 2 years = 1600. SI for 1 year = 800. SI for 3 years = 2400. Principal = 11200 - 2400 = 8000.

This question belongs to: Maths Simple Interest

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