The principal that gives Rs. 5300400 interest in 9 years at 21% SI is MCQ with Answer and Explanation

The principal that gives Rs. 5300400 interest in 9 years at 21% SI is
A. Rs. 2798000
B. Rs. 2800000
C. Rs. 2799000
D. Rs. 2801000
Answer: Option B
Solution (By JKExamLibrary)
P = (5300400 × 100)/(21 × 9) = 2800000.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 730800 interest in 8 years at 11% SI is
A. Rs. 831000
B. Rs. 830000
C. Rs. 828000
D. Rs. 829000

Correct Answer: Option B


Explanation:
P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest
Question #2
A sum at 13% SI for 4 years amounts to Rs. 210000. Principal
A. Rs. 140000
B. Rs. 141000
C. Rs. 139000
D. Rs. 138000

Correct Answer: Option A


Explanation:
SI = 70000. P = 210000 - 70000 = 140000.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 15552000 interest in 9 years at 36% SI is
A. Rs. 4799000
B. Rs. 4801000
C. Rs. 4798000
D. Rs. 4800000

Correct Answer: Option D


Explanation:
P = (15552000 × 100)/(36 × 9) = 4800000.

This question belongs to: Maths Simple Interest