The principal that gives Rs. 252000 interest in 6 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 252000 interest in 6 years at 7% SI is

A. Rs. 598000

B. Rs. 601000

C. Rs. 600000

D. Rs. 599000

Answer: Option C

P = (252000 × 100)/(7 × 6) = 600000.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 2700000 amounts to Rs. 3780000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

Correct Answer: Option D

Explanation:
SI = 1080000. R = (1080000 × 100)/(2700000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 333000 amounts to Rs. 432900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

Correct Answer: Option B

Explanation:
SI = 99900. R = (99900 × 100)/(333000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Time for Rs. 252000 at 9% to amount Rs. 352800

A. 6 years

B. 7 years

C. 4 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 100800. T = (100800 * 100)/(252000 * 9) = 5 years.

This question belongs to: Maths Simple Interest