The principal that gives Rs. 151200 interest in 6 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 151200 interest in 6 years at 7% SI is
A. Rs. 359000
B. Rs. 361000
C. Rs. 358000
D. Rs. 360000
Answer: Option D
Solution (By JKExamLibrary)
P = (151200 × 100)/(7 × 6) = 360000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is
A. 8%
B. 12%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 558900. R = (558900 × 100)/(1863000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 288000 for 3 years at 11% per annum is
A. Rs. 95440
B. Rs. 95240
C. Rs. 94840
D. Rs. 95040

Correct Answer: Option D


Explanation:
SI = (288000 × 11 × 3)/100 = 95040.

This question belongs to: Maths Simple Interest
Question #3
The principal giving Rs. 88200 SI in 6 years at 11%
A. Rs. 134636
B. Rs. 133636
C. Rs. 132636
D. Rs. 131636

Correct Answer: Option B


Explanation:
P = (88200 * 100)/(11 * 6) = 133636 approx adjusted 133000.

This question belongs to: Maths Simple Interest