The principal that gives Rs. 7776000 interest in 8 years at 30% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3238000

B. Rs. 3239000

C. Rs. 3240000

D. Rs. 3241000

Answer: Option C

Solution (By JKExamLibrary)

P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on a sum for 2 years at 12% is Rs. 480. The sum is

A. Rs. 2400

B. Rs. 1800

C. Rs. 2000

D. Rs. 2200

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Correct Answer: Option C

Explanation:
P = (480 × 100)/(12 × 2) = 2000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 37000

B. Rs. 34000

C. Rs. 35000

D. Rs. 36000

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Correct Answer: Option D

Explanation:
SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 684000 for 3 years at 20% per annum is

A. Rs. 410600

B. Rs. 410200

C. Rs. 410400

D. Rs. 410800

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (684000 × 20 × 3)/100 = 410400.

This question belongs to: Maths Simple Interest

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