The principal that gives Rs. 982800 interest in 9 years at 12% SI is MCQ with Answer and Explanation

Question Report Error

The principal that gives Rs. 982800 interest in 9 years at 12% SI is

A. Rs. 909000

B. Rs. 908000

C. Rs. 910000

D. Rs. 911000

Answer: Option C

Solution (By JKExamLibrary)

P = (982800 × 100)/(12 × 9) = 910000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 4302000 for 2 years at 101% per annum is

A. Rs. 8690440

B. Rs. 8690240

C. Rs. 8689840

D. Rs. 8690040

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Correct Answer: Option D

Explanation:
SI = (4302000 × 101 × 2)/100 = 8690040.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 2106000 amount to Rs. 2948400 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = 842400. T = (842400 × 100)/(2106000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 837000 for 2 years at 29% per annum is

A. Rs. 485660

B. Rs. 485260

C. Rs. 485460

D. Rs. 485860

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Correct Answer: Option C

Explanation:
SI = (837000 × 29 × 2)/100 = 485460.

This question belongs to: Maths Simple Interest

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