The principal that gives Rs. 630000 interest in 9 years at 10% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 630000 interest in 9 years at 10% SI is

A. Rs. 700000

B. Rs. 701000

C. Rs. 698000

D. Rs. 699000

Answer: Option A

Solution (By JKExamLibrary)

P = (630000 × 100)/(10 × 9) = 700000.

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. 1908000 amounts to Rs. 2480400 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 572400. R = (572400 × 100)/(1908000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 342000 amounts to Rs. 478800 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 136800. R = (136800 × 100)/(342000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 3834000 for 3 years at 90% per annum is

A. Rs. 10351600

B. Rs. 10352200

C. Rs. 10352000

D. Rs. 10351800

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Correct Answer: Option D

Explanation:
SI = (3834000 × 90 × 3)/100 = 10351800.

This question belongs to: Maths Simple Interest

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