The principal that gives Rs. 6476400 interest in 9 years at 23% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 6476400 interest in 9 years at 23% SI is

A. Rs. 3120000

B. Rs. 3121000

C. Rs. 3118000

D. Rs. 3119000

Answer: Option A

Solution (By JKExamLibrary)

P = (6476400 × 100)/(23 × 9) = 3120000.

This question belongs to: Maths Simple Interest

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Question #1

A sum at 14% SI for 4 years amounts to Rs. 280000. Principal

A. Rs. 175000

B. Rs. 176000

C. Rs. 173000

D. Rs. 174000

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Correct Answer: Option A

Explanation:
SI = 105000. P = 280000 - 105000 = 175000.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 315000 amounts to Rs. 409500 in 3 years

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 94500. R = (94500 * 100)/(315000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal giving Rs. 30240 SI in 8 years at 7%

A. Rs. 53000

B. Rs. 52000

C. Rs. 54000

D. Rs. 55000

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Correct Answer: Option C

Explanation:
P = (30240 * 100)/(7 * 8) = 54000.

This question belongs to: Maths Simple Interest

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