The principal that gives Rs. 25200 interest in 5 years at 8% SI is MCQ with Answer and Explanation

The principal that gives Rs. 25200 interest in 5 years at 8% SI is

A. Rs. 63000

B. Rs. 64000

C. Rs. 62000

D. Rs. 61000

Answer: Option A

P = (25200 × 100)/(8 × 5) = 63000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

Correct Answer: Option C

Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 837000 for 2 years at 26% per annum is

A. Rs. 435240

B. Rs. 435640

C. Rs. 435040

D. Rs. 435440

Correct Answer: Option A

Explanation:
SI = (837000 × 26 × 2)/100 = 435240.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The simple interest on a sum for 3 years at 10% is Rs. 9000. The principal is

A. Rs. 31000

B. Rs. 30000

C. Rs. 29000

D. Rs. 28000

Correct Answer: Option B

Explanation:
P = (9000 × 100)/(10 × 3) = 30000.

This question belongs to: Maths Simple Interest