The principal that gives Rs. 8323200 interest in 8 years at 31% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 8323200 interest in 8 years at 31% SI is

A. Rs. 3351000

B. Rs. 3349000

C. Rs. 3350000

D. Rs. 3348000

Answer: Option C

Solution (By JKExamLibrary)

P = (8323200 × 100)/(31 × 8) = 3350000.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 327600 interest in 9 years at 10% SI is

A. Rs. 364000

B. Rs. 365000

C. Rs. 362000

D. Rs. 363000

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Correct Answer: Option A

Explanation:
P = (327600 × 100)/(10 × 9) = 364000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 549000 for 3 years at 17% per annum is

A. Rs. 279990

B. Rs. 280390

C. Rs. 280190

D. Rs. 279790

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Correct Answer: Option A

Explanation:
SI = (549000 × 17 × 3)/100 = 279990.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2718000 amounts to Rs. 3533400 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 815400. R = (815400 × 100)/(2718000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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