The principal that gives Rs. 6199200 interest in 8 years at 27% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 6199200 interest in 8 years at 27% SI is

A. Rs. 2861000

B. Rs. 2860000

C. Rs. 2859000

D. Rs. 2858000

Answer: Option B

Solution (By JKExamLibrary)

P = (6199200 × 100)/(27 × 8) = 2860000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The rate at which Rs. 28000 amounts to Rs. 39200 in 4 years is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 11200. R = (11200 × 100)/(28000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 48000 amounts to Rs. 67200 in 5 years at simple interest. The rate is

A. 10%

B. 9%

C. 6%

D. 8%

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Correct Answer: Option D

Explanation:
SI = 19200. R = (19200 × 100)/(48000 × 5) = 8%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4032000 for 2 years at 97% per annum is

A. Rs. 7822080

B. Rs. 7821880

C. Rs. 7822480

D. Rs. 7822280

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Correct Answer: Option A

Explanation:
SI = (4032000 × 97 × 2)/100 = 7822080.

This question belongs to: Maths Simple Interest

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