The principal that gives Rs. 1058400 interest in 8 years at 13% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 1058400 interest in 8 years at 13% SI is

A. Rs. 1012500

B. Rs. 1013500

C. Rs. 1010500

D. Rs. 1011500

Answer: Option A

Solution (By JKExamLibrary)

P = (1058400 × 100)/(13 × 8) = 1012500.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

SI on Rs. 255500 for 5 years at 9%

A. Rs. 115375

B. Rs. 115175

C. Rs. 114775

D. Rs. 114975

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Correct Answer: Option D

Explanation:
SI = (255500 * 9 * 5)/100 = 114975.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2979000 for 3 years at 71% per annum is

A. Rs. 6350370

B. Rs. 6350570

C. Rs. 6350170

D. Rs. 6350770

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Correct Answer: Option A

Explanation:
SI = (2979000 × 71 × 3)/100 = 6350370.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 162000 for 2 years at 11% per annum is

A. Rs. 36040

B. Rs. 35840

C. Rs. 35640

D. Rs. 35440

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (162000 × 11 × 2)/100 = 35640.

This question belongs to: Maths Simple Interest

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