The principal that gives Rs. 1134000 interest in 9 years at 12% SI is MCQ with Answer and Explanation

The principal that gives Rs. 1134000 interest in 9 years at 12% SI is

A. Rs. 1048000

B. Rs. 1051000

C. Rs. 1050000

D. Rs. 1049000

Answer: Option C

P = (1134000 × 100)/(12 × 9) = 1050000.

This question belongs to: Maths Simple Interest

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

Question #1 Report Error

Rs. 10000 is lent at 6% per annum simple interest. Interest earned in 5 years is

A. Rs. 2800

B. Rs. 3000

C. Rs. 2500

D. Rs. 3200

Correct Answer: Option B

Explanation:
SI = (10000 × 6 × 5)/100 = 3000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 4419000 for 3 years at 103% per annum is

A. Rs. 13666210

B. Rs. 13666410

C. Rs. 13666610

D. Rs. 13666810

Correct Answer: Option B

Explanation:
SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Time for Rs. 45000 at 8% to amount Rs. 63000

A. 7 years

B. 4 years

C. 5 years

D. 6 years

Correct Answer: Option C

Explanation:
SI = 18000. T = (18000 * 100)/(45000 * 8) = 5 years.

This question belongs to: Maths Simple Interest