The principal that gives Rs. 9514800 interest in 8 years at 32% SI is MCQ with Answer and Explanation

The principal that gives Rs. 9514800 interest in 8 years at 32% SI is
A. Rs. 3713500
B. Rs. 3710500
C. Rs. 3712500
D. Rs. 3711500
Answer: Option C
Solution (By JKExamLibrary)
P = (9514800 × 100)/(32 × 8) = 3712500.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
Principal for Rs. 52920 interest in 8 years at 11%
A. Rs. 58000
B. Rs. 60000
C. Rs. 61000
D. Rs. 59000

Correct Answer: Option B


Explanation:
P = (52920 * 100)/(11 * 8) = 60000.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Principal for Rs. 75600 interest in 7 years at 12%
A. Rs. 89000
B. Rs. 91000
C. Rs. 90000
D. Rs. 88000

Correct Answer: Option C


Explanation:
P = (75600 * 100)/(12 * 7) = 90000.

This question belongs to: Maths Simple Interest
Question #3 Report Error
A sum becomes Rs. 20400 after 3 years and Rs. 22800 after 5 years at simple interest. The principal is
A. Rs. 17600
B. Rs. 15200
C. Rs. 16800
D. Rs. 16000

Correct Answer: Option C


Explanation:
Difference for 2 years = 2400. SI per year = 1200. SI for 3 years = 3600. Principal = 20400 - 3600 = 16800.

This question belongs to: Maths Simple Interest