The principal that gives Rs. 4942800 interest in 9 years at 20% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 4942800 interest in 9 years at 20% SI is

A. Rs. 2746000

B. Rs. 2747000

C. Rs. 2744000

D. Rs. 2745000

Answer: Option A

Solution (By JKExamLibrary)

P = (4942800 × 100)/(20 × 9) = 2746000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 801000 for 2 years at 28% per annum is

A. Rs. 448760

B. Rs. 448960

C. Rs. 448360

D. Rs. 448560

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Correct Answer: Option D

Explanation:
SI = (801000 × 28 × 2)/100 = 448560.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 225000 amounts to Rs. 315000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 90000. R = (90000 × 100)/(225000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16806

B. Rs. 17456

C. Rs. 17156

D. Rs. 16956

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Correct Answer: Option D

Explanation:
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

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