The principal that gives Rs. 126000 interest in 5 years at 6% SI is MCQ with Answer and Explanation

The principal that gives Rs. 126000 interest in 5 years at 6% SI is
A. Rs. 421000
B. Rs. 420000
C. Rs. 418000
D. Rs. 419000
Answer: Option B
Solution (By JKExamLibrary)
P = (126000 × 100)/(6 × 5) = 420000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
Simple interest for Rs. 32000 at 4% for 6 years is
A. Rs. 8080
B. Rs. 7480
C. Rs. 7680
D. Rs. 7880

Correct Answer: Option C


Explanation:
SI = (32000 * 4 * 6)/100 = 7680.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Simple interest on Rs. 80500 for 4 years at 6%
A. Rs. 19320
B. Rs. 19720
C. Rs. 19520
D. Rs. 19120

Correct Answer: Option A


Explanation:
SI = (80500 * 6 * 4)/100 = 19320.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Simple interest on Rs. 819000 for 3 years at 23% per annum is
A. Rs. 564610
B. Rs. 565010
C. Rs. 565210
D. Rs. 564810

Correct Answer: Option D


Explanation:
SI = (819000 × 23 × 3)/100 = 564810.

This question belongs to: Maths Simple Interest