The principal that gives Rs. 10454400 interest in 9 years at 29% SI is MCQ with Answer and Explanation

The principal that gives Rs. 10454400 interest in 9 years at 29% SI is
A. Rs. 3999000
B. Rs. 4001000
C. Rs. 3998000
D. Rs. 4000000
Answer: Option D
Solution (By JKExamLibrary)
P = (10454400 × 100)/(29 × 9) = 4000000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is
A. 8%
B. 12%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
In how many years will Rs. 2691000 amount to Rs. 3767400 at 8% simple interest?
A. 7 years
B. 6 years
C. 5 years
D. 4 years

Correct Answer: Option C


Explanation:
SI = 1076400. T = (1076400 × 100)/(2691000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The principal that gives Rs. 1285200 interest in 9 years at 13% SI is
A. Rs. 1101000
B. Rs. 1098000
C. Rs. 1099000
D. Rs. 1100000

Correct Answer: Option D


Explanation:
P = (1285200 × 100)/(13 × 9) = 1100000.

This question belongs to: Maths Simple Interest