A certain sum amounts to Rs. 16200 in 4 years and Rs. 17550 in 6 years at SI. The principal is MCQ with Answer and Explanation

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A certain sum amounts to Rs. 16200 in 4 years and Rs. 17550 in 6 years at SI. The principal is

A. Rs. 15000

B. Rs. 12000

C. Rs. 13500

D. Rs. 10500

Answer: Option C

Solution (By JKSSB Mock Tests)

Difference 2 years = 1350. SI 1 year = 675. SI 4 years = 2700. Principal = 16200 - 2700 = 13500.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest Rs. 28800 for 2 years at 9%

A. Rs. 4984

B. Rs. 5384

C. Rs. 5584

D. Rs. 5184

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Correct Answer: Option D

Explanation:
SI = (28800 * 9 * 2)/100 = 5184.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 4626000 amount to Rs. 6476400 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 1850400. T = (1850400 × 100)/(4626000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 117000 amount to Rs. 163800 at 8% simple interest?

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 46800. T = (46800 × 100)/(117000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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