The principal that gives Rs. 16800 interest in 4 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 58000

B. Rs. 59000

C. Rs. 61000

D. Rs. 60000

Answer: Option D

P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

In how many years will Rs. 2106000 amount to Rs. 2948400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 842400. T = (842400 × 100)/(2106000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 999000 for 3 years at 27% per annum is

A. Rs. 809590

B. Rs. 809190

C. Rs. 809390

D. Rs. 808990

Correct Answer: Option B

Explanation:
SI = (999000 × 27 × 3)/100 = 809190.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 2448 interest in 2 years at 6% SI is

A. Rs. 21400

B. Rs. 19400

C. Rs. 18400

D. Rs. 20400

Correct Answer: Option D

Explanation:
P = (2448 × 100)/(6 × 2) = 20400.

This question belongs to: Maths Simple Interest