The principal that gives Rs. 1512000 interest in 9 years at 14% SI is MCQ with Answer and Explanation

Question

Share Report Error

The principal that gives Rs. 1512000 interest in 9 years at 14% SI is

A. Rs. 1200000

B. Rs. 1199000

C. Rs. 1198000

D. Rs. 1201000

Answer: Option A

Solution (By JKExamLibrary)

P = (1512000 × 100)/(14 × 9) = 1200000.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 42000 for 3 years at 10% is

A. Rs. 12800

B. Rs. 12400

C. Rs. 12600

D. Rs. 13000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (42000 × 10 × 3)/100 = 12600.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10%

A. 8%

B. 12%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 396900. R = (396900 × 100)/(1323000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 216000 amounts to Rs. 280800 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 64800. R = (64800 × 100)/(216000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs