The principal that gives Rs. 12693600 interest in 9 years at 33% SI is MCQ with Answer and Explanation

The principal that gives Rs. 12693600 interest in 9 years at 33% SI is
A. Rs. 4278000
B. Rs. 4281000
C. Rs. 4280000
D. Rs. 4279000
Answer: Option C
Solution (By JKExamLibrary)
P = (12693600 × 100)/(33 × 9) = 4280000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
A sum of Rs. 4365000 amounts to Rs. 6111000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 1746000. R = (1746000 × 100)/(4365000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Rate for Rs. 35000 to become Rs. 45500 in 4 years SI
A. 7.5%
B. 9%
C. 6%
D. 8%

Correct Answer: Option A


Explanation:
SI = 10500. R = (10500 * 100)/(35000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Simple interest on Rs. 75000 for 4 years at 5% per annum is
A. Rs. 15200
B. Rs. 15000
C. Rs. 14800
D. Rs. 15400

Correct Answer: Option B


Explanation:
SI = (75000 × 5 × 4)/100 = 15000.

This question belongs to: Maths Simple Interest