The principal that gives Rs. 201600 interest in 6 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 201600 interest in 6 years at 7% SI is

A. Rs. 478000

B. Rs. 479000

C. Rs. 481000

D. Rs. 480000

Answer: Option D

P = (201600 × 100)/(7 × 6) = 480000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 4275000 amounts to Rs. 5985000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

Correct Answer: Option B

Explanation:
SI = 1710000. R = (1710000 × 100)/(4275000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 81000 amounts to Rs. 113400 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

Correct Answer: Option A

Explanation:
SI = 32400. R = (32400 × 100)/(81000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 30000 amounts to Rs. 42000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

Correct Answer: Option D

Explanation:
SI = 12000. R = (12000 × 100)/(30000 × 4) = 10%.

This question belongs to: Maths Simple Interest