The principal that gives Rs. 15552000 interest in 9 years at 36% SI is MCQ with Answer and Explanation

The principal that gives Rs. 15552000 interest in 9 years at 36% SI is
A. Rs. 4798000
B. Rs. 4799000
C. Rs. 4800000
D. Rs. 4801000
Answer: Option C
Solution (By JKExamLibrary)
P = (15552000 × 100)/(36 × 9) = 4800000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 2349000 for 3 years at 57% per annum is
A. Rs. 4016430
B. Rs. 4016630
C. Rs. 4016230
D. Rs. 4016830

Correct Answer: Option A


Explanation:
SI = (2349000 × 57 × 3)/100 = 4016430.

This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 3231000 amount to Rs. 4523400 at 8% simple interest?
A. 5 years
B. 6 years
C. 4 years
D. 7 years

Correct Answer: Option A


Explanation:
SI = 1292400. T = (1292400 × 100)/(3231000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 756000 interest in 8 years at 12% SI is
A. Rs. 787500
B. Rs. 785500
C. Rs. 788500
D. Rs. 786500

Correct Answer: Option A


Explanation:
P = (756000 × 100)/(12 × 8) = 787500.

This question belongs to: Maths Simple Interest