The principal that gives Rs. 16416000 interest in 8 years at 45% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 16416000 interest in 8 years at 45% SI is

A. Rs. 4549000

B. Rs. 4548000

C. Rs. 4550000

D. Rs. 4551000

Answer: Option C

Solution (By JKExamLibrary)

P = (16416000 × 100)/(45 × 8) = 4550000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 423000 amounts to Rs. 549900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 126900. R = (126900 × 100)/(423000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 414000 amounts to Rs. 579600 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 165600. R = (165600 × 100)/(414000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 75600 interest in 7 years at 8% SI is

A. Rs. 134000

B. Rs. 133000

C. Rs. 136000

D. Rs. 135000

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Correct Answer: Option D

Explanation:
P = (75600 × 100)/(8 × 7) = 135000.

This question belongs to: Maths Simple Interest

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