The principal that gives Rs. 5475600 interest in 8 years at 25% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 5475600 interest in 8 years at 25% SI is

A. Rs. 2736800

B. Rs. 2738800

C. Rs. 2737800

D. Rs. 2735800

Answer: Option C

Solution (By JKExamLibrary)

P = (5475600 × 100)/(25 × 8) = 2737800.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

In how many years Rs. 17487 will amount to Rs. 20110 at 5% simple interest?

A. 3 years

B. 2 years

C. 4 years

D. 5 years

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Correct Answer: Option A

Explanation:
SI = 2623. T = (2623 * 100)/(17487 * 5) = 3 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 4239000 for 3 years at 99% per annum is

A. Rs. 12596130

B. Rs. 12596330

C. Rs. 12595930

D. Rs. 12596530

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = (4239000 × 99 × 3)/100 = 12596130.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 1188000 amounts to Rs. 1544400 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Correct Answer: Option A

Explanation:
SI = 356400. R = (356400 × 100)/(1188000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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