The principal that gives Rs. 5918400 interest in 9 years at 22% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 5918400 interest in 9 years at 22% SI is

A. Rs. 3000000

B. Rs. 2998000

C. Rs. 3001000

D. Rs. 2999000

Answer: Option A

Solution (By JKExamLibrary)

P = (5918400 × 100)/(22 × 9) = 3000000.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 945000 amounts to Rs. 1323000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 378000. R = (378000 × 100)/(945000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 2277000 for 2 years at 58% per annum is

A. Rs. 2641320

B. Rs. 2641520

C. Rs. 2641120

D. Rs. 2641720

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Correct Answer: Option A

Explanation:
SI = (2277000 × 58 × 2)/100 = 2641320.

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Question #3

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A sum of Rs. 4590000 amounts to Rs. 6426000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 1836000. R = (1836000 × 100)/(4590000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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