The principal that gives Rs. 4586400 interest in 9 years at 20% SI is MCQ with Answer and Explanation

The principal that gives Rs. 4586400 interest in 9 years at 20% SI is
A. Rs. 2550000
B. Rs. 2549000
C. Rs. 2548000
D. Rs. 2551000
Answer: Option A
Solution (By JKExamLibrary)
P = (4586400 × 100)/(20 × 9) = 2550000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
Time for Rs. 224000 at 8% to amount Rs. 313600
A. 7 years
B. 4 years
C. 5 years
D. 6 years

Correct Answer: Option C


Explanation:
SI = 89600. T = (89600 * 100)/(224000 * 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Years for Rs. 322000 at 11% to give Rs. 212520 interest
A. 7 years
B. 4 years
C. 6 years
D. 5 years

Correct Answer: Option C


Explanation:
T = (212520 * 100)/(322000 * 11) = 6 years.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The rate at which Rs. 105000 amounts to Rs. 136500 in 3 years is
A. 10%
B. 8%
C. 9%
D. 12%

Correct Answer: Option A


Explanation:
SI = 31500. R = (31500 × 100)/(105000 × 3) = 10%.

This question belongs to: Maths Simple Interest