The principal that gives Rs. 63000 interest in 6 years at 7% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 63000 interest in 6 years at 7% SI is

A. Rs. 148000

B. Rs. 151000

C. Rs. 149000

D. Rs. 150000

Answer: Option D

Solution (By JKExamLibrary)

P = (63000 × 100)/(7 × 6) = 150000.

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. 7200 amounts to Rs. 9360 in 5 years is

A. 4%

B. 5%

C. 8%

D. 6%

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Correct Answer: Option D

Explanation:
SI = 2160. R = (2160 × 100)/(7200 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 3951000 amount to Rs. 5531400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1580400. T = (1580400 × 100)/(3951000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 16416000 interest in 8 years at 45% SI is

A. Rs. 4551000

B. Rs. 4550000

C. Rs. 4548000

D. Rs. 4549000

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Correct Answer: Option B

Explanation:
P = (16416000 × 100)/(45 × 8) = 4550000.

This question belongs to: Maths Simple Interest

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