The principal that gives Rs. 14040000 interest in 8 years at 41% SI is MCQ with Answer and Explanation

Question

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The principal that gives Rs. 14040000 interest in 8 years at 41% SI is

A. Rs. 4276000

B. Rs. 4274000

C. Rs. 4275000

D. Rs. 4273000

Answer: Option C

Solution (By JKExamLibrary)

P = (14040000 × 100)/(41 × 8) = 4275000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 2070000 amounts to Rs. 2898000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 828000. R = (828000 × 100)/(2070000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 819000 amount to Rs. 1146600 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 327600. T = (327600 × 100)/(819000 × 8) = 5 years.

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Question #3

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The principal that gives Rs. 100800 interest in 8 years at 9% SI is

A. Rs. 140000

B. Rs. 138000

C. Rs. 139000

D. Rs. 141000

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Correct Answer: Option A

Explanation:
P = (100800 × 100)/(9 × 8) = 140000.

This question belongs to: Maths Simple Interest

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