The principal that gives Rs. 10306800 interest in 8 years at 34% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 10306800 interest in 8 years at 34% SI is

A. Rs. 3794000

B. Rs. 3796000

C. Rs. 3795000

D. Rs. 3793000

Answer: Option C

Solution (By JKExamLibrary)

P = (10306800 × 100)/(34 × 8) = 3795000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal that gives Rs. 5124000 interest in 8 years at 24% SI is

A. Rs. 2666750

B. Rs. 2667750

C. Rs. 2668750

D. Rs. 2669750

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Correct Answer: Option C

Explanation:
P = (5124000 × 100)/(24 × 8) = 2668750.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 738000 amounts to Rs. 959400 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 221400. R = (221400 × 100)/(738000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 4446000 amount to Rs. 6224400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = 1778400. T = (1778400 × 100)/(4446000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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