The principal that gives Rs. 16128000 interest in 9 years at 37% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 16128000 interest in 9 years at 37% SI is

A. Rs. 4836500

B. Rs. 4835500

C. Rs. 4837500

D. Rs. 4838500

Answer: Option C

Solution (By JKExamLibrary)

P = (16128000 × 100)/(37 × 9) = 4837500.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1454400. T = (1454400 × 100)/(3636000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3861000 amount to Rs. 5405400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 1544400. T = (1544400 × 100)/(3861000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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