The principal that gives Rs. 37800 interest in 6 years at 7% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 37800 interest in 6 years at 7% SI is

A. Rs. 91000

B. Rs. 90000

C. Rs. 88000

D. Rs. 89000

Answer: Option B

Solution (By JKExamLibrary)

P = (37800 × 100)/(7 × 6) = 90000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 48000 for 5 years at 5% per annum is

A. Rs. 12000

B. Rs. 12200

C. Rs. 12400

D. Rs. 11800

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Correct Answer: Option A

Explanation:
SI = (48000 × 5 × 5)/100 = 12000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The sum that amounts to Rs. 20400 in 5 years at 6% SI

A. Rs. 15600

B. Rs. 14600

C. Rs. 13600

D. Rs. 16600

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Correct Answer: Option A

Explanation:
SI = 4800. P = 20400 - 4800 = 15600.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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