The principal that gives Rs. 2293200 interest in 8 years at 17% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 2293200 interest in 8 years at 17% SI is

A. Rs. 1687500

B. Rs. 1685500

C. Rs. 1688500

D. Rs. 1686500

Answer: Option A

Solution (By JKExamLibrary)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2367000 for 2 years at 60% per annum is

A. Rs. 2840800

B. Rs. 2840200

C. Rs. 2840600

D. Rs. 2840400

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Correct Answer: Option D

Explanation:
SI = (2367000 × 60 × 2)/100 = 2840400.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 648000 amounts to Rs. 842400 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 194400. R = (194400 × 100)/(648000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3204000 for 3 years at 76% per annum is

A. Rs. 7305120

B. Rs. 7305320

C. Rs. 7304920

D. Rs. 7305520

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Correct Answer: Option A

Explanation:
SI = (3204000 × 76 × 3)/100 = 7305120.

This question belongs to: Maths Simple Interest

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