The principal that gives Rs. 10627200 interest in 8 years at 35% SI is MCQ with Answer and Explanation

Question

Share Report Error

The principal that gives Rs. 10627200 interest in 8 years at 35% SI is

A. Rs. 3799000

B. Rs. 3800000

C. Rs. 3801000

D. Rs. 3798000

Answer: Option B

Solution (By JKExamLibrary)

P = (10627200 × 100)/(35 × 8) = 3800000.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

A sum of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6386320

B. Rs. 6385720

C. Rs. 6385920

D. Rs. 6386120

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

Question #3

Share Report

The principal that gives Rs. 15120 interest in 4 years at 9% SI is

A. Rs. 41000

B. Rs. 43000

C. Rs. 42000

D. Rs. 40000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (15120 × 100)/(9 × 4) = 42000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs