The principal that gives Rs. 1747200 interest in 8 years at 16% SI is MCQ with Answer and Explanation

The principal that gives Rs. 1747200 interest in 8 years at 16% SI is
A. Rs. 1364000
B. Rs. 1365000
C. Rs. 1366000
D. Rs. 1363000
Answer: Option B
Solution (By JKExamLibrary)
P = (1747200 × 100)/(16 × 8) = 1365000.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 2691000 amount to Rs. 3767400 at 8% simple interest?
A. 4 years
B. 7 years
C. 6 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 1076400. T = (1076400 × 100)/(2691000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 126000 interest in 8 years at 9% SI is
A. Rs. 174000
B. Rs. 173000
C. Rs. 176000
D. Rs. 175000

Correct Answer: Option D


Explanation:
P = (126000 × 100)/(9 × 8) = 175000.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 2293200 interest in 8 years at 17% SI is
A. Rs. 1688500
B. Rs. 1685500
C. Rs. 1687500
D. Rs. 1686500

Correct Answer: Option C


Explanation:
P = (2293200 × 100)/(17 × 8) = 1687500.

This question belongs to: Maths Simple Interest