The principal that gives Rs. 3351600 interest in 8 years at 19% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 3351600 interest in 8 years at 19% SI is

A. Rs. 2205000

B. Rs. 2206000

C. Rs. 2203000

D. Rs. 2204000

Answer: Option A

Solution (By JKExamLibrary)

P = (3351600 × 100)/(19 × 8) = 2205000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 2862000 for 2 years at 71% per annum is

A. Rs. 4065640

B. Rs. 4065040

C. Rs. 4065240

D. Rs. 4065440

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Correct Answer: Option C

Explanation:
SI = (2862000 × 71 × 2)/100 = 4065240.

This question belongs to: Maths Simple Interest

Question #2 Report Error

At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years?

A. 8%

B. 5%

C. 4%

D. 6%

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Correct Answer: Option B

Explanation:
SI = 1500. R = (1500 × 100)/(7500 × 4) = 5%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Time for Rs. 105000 at 8% to amount Rs. 147000

A. 6 years

B. 5 years

C. 7 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 42000. T = (42000 * 100)/(105000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

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