The principal that gives Rs. 14688000 interest in 8 years at 43% SI is MCQ with Answer and Explanation

The principal that gives Rs. 14688000 interest in 8 years at 43% SI is
A. Rs. 4273000
B. Rs. 4276000
C. Rs. 4274000
D. Rs. 4275000
Answer: Option D
Solution (By JKExamLibrary)
P = (14688000 × 100)/(43 × 8) = 4275000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 1998000 amounts to Rs. 2597400 in 3 years is
A. 10%
B. 12%
C. 8%
D. 9%

Correct Answer: Option A


Explanation:
SI = 599400. R = (599400 × 100)/(1998000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 17856000 interest in 9 years at 40% SI is
A. Rs. 4959000
B. Rs. 4960000
C. Rs. 4958000
D. Rs. 4961000

Correct Answer: Option B


Explanation:
P = (17856000 × 100)/(40 × 9) = 4960000.

This question belongs to: Maths Simple Interest
Question #3
Rs. 10000 is lent at 6% per annum simple interest. Interest earned in 5 years is
A. Rs. 2800
B. Rs. 3200
C. Rs. 2500
D. Rs. 3000

Correct Answer: Option D


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

This question belongs to: Maths Simple Interest