The principal that gives Rs. 756000 interest in 8 years at 12% SI is MCQ with Answer and Explanation

The principal that gives Rs. 756000 interest in 8 years at 12% SI is
A. Rs. 788500
B. Rs. 787500
C. Rs. 785500
D. Rs. 786500
Answer: Option B
Solution (By JKExamLibrary)
P = (756000 × 100)/(12 × 8) = 787500.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 10627200 interest in 8 years at 35% SI is
A. Rs. 3801000
B. Rs. 3799000
C. Rs. 3800000
D. Rs. 3798000

Correct Answer: Option C


Explanation:
P = (10627200 × 100)/(35 × 8) = 3800000.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 4572000 for 2 years at 107% per annum is
A. Rs. 9792480
B. Rs. 9792280
C. Rs. 9792680
D. Rs. 9792880

Correct Answer: Option A


Explanation:
SI = (4572000 × 107 × 2)/100 = 9792480.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2187000 for 2 years at 56% per annum is
A. Rs. 2449840
B. Rs. 2449640
C. Rs. 2449440
D. Rs. 2449240

Correct Answer: Option C


Explanation:
SI = (2187000 × 56 × 2)/100 = 2449440.

This question belongs to: Maths Simple Interest