The principal that gives Rs. 15840000 interest in 8 years at 44% SI is MCQ with Answer and Explanation

The principal that gives Rs. 15840000 interest in 8 years at 44% SI is
A. Rs. 4499000
B. Rs. 4498000
C. Rs. 4501000
D. Rs. 4500000
Answer: Option D
Solution (By JKExamLibrary)
P = (15840000 × 100)/(44 × 8) = 4500000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is
A. Rs. 10000
B. Rs. 9000
C. Rs. 11000
D. Rs. 12000

Correct Answer: Option D


Explanation:
Interest = 13500 - P. SI = (P × 5 × 3)/100 = 13500 - P. Solving gives P = 12000.

This question belongs to: Maths Simple Interest
Question #2 Report Error
A sum at 17% SI for 4 years amounts to Rs. 392000. Principal
A. Rs. 210000
B. Rs. 208000
C. Rs. 209000
D. Rs. 211000

Correct Answer: Option A


Explanation:
SI = 182000. P = 392000 - 182000 = 210000.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Simple interest on Rs. 441000 for 2 years at 18% per annum is
A. Rs. 158760
B. Rs. 158560
C. Rs. 158960
D. Rs. 159160

Correct Answer: Option A


Explanation:
SI = (441000 × 18 × 2)/100 = 158760.

This question belongs to: Maths Simple Interest