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. 10500

B. Rs. 15000

C. Rs. 13500

D. Rs. 12000

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 on Rs. 4374000 for 3 years at 102% per annum is

A. Rs. 13389280

B. Rs. 13389480

C. Rs. 13389680

D. Rs. 13389880

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Correct Answer: Option B

Explanation:
SI = (4374000 × 102 × 3)/100 = 13389480.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 720000 for 3 years at 23% per annum is

A. Rs. 496600

B. Rs. 496800

C. Rs. 497000

D. Rs. 497200

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Correct Answer: Option B

Explanation:
SI = (720000 × 23 × 3)/100 = 496800.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2142000 for 2 years at 55% per annum is

A. Rs. 2356400

B. Rs. 2356000

C. Rs. 2356600

D. Rs. 2356200

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Correct Answer: Option D

Explanation:
SI = (2142000 × 55 × 2)/100 = 2356200.

This question belongs to: Maths Simple Interest

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