The principal that gives Rs. 4057200 interest in 8 years at 21% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 4057200 interest in 8 years at 21% SI is

A. Rs. 2416000

B. Rs. 2413000

C. Rs. 2414000

D. Rs. 2415000

Answer: Option D

Solution (By JKExamLibrary)

P = (4057200 × 100)/(21 × 8) = 2415000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal that gives Rs. 21600 interest in 6 years at 6% SI is

A. Rs. 61000

B. Rs. 58000

C. Rs. 59000

D. Rs. 60000

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Correct Answer: Option D

Explanation:
P = (21600 × 100)/(6 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 20700 for 5 years at 11% per annum is

A. Rs. 11185

B. Rs. 11785

C. Rs. 11585

D. Rs. 11385

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Correct Answer: Option D

Explanation:
SI = (20700 × 11 × 5)/100 = 11385.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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