A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal MCQ with Answer and Explanation

A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal
A. Rs. 108000
B. Rs. 109000
C. Rs. 107000
D. Rs. 106000
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = 47520. P = 155520 - 47520 = 108000.

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Practice More Simple Interest Questions

Question #1
SI on Rs. 101500 for 5 years at 5%
A. Rs. 25775
B. Rs. 25575
C. Rs. 25175
D. Rs. 25375

Correct Answer: Option D


Explanation:
SI = (101500 * 5 * 5)/100 = 25375.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 15432 amounts to Rs. 20061 in 3 years at simple interest. Rate is
A. 9%
B. 10%
C. 8%
D. 12%

Correct Answer: Option B


Explanation:
SI = 4629. R = (4629 * 100)/(15432 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 112000 for 2 years at 7% per annum is
A. Rs. 15480
B. Rs. 15680
C. Rs. 16080
D. Rs. 15880

Correct Answer: Option B


Explanation:
SI = (112000 × 7 × 2)/100 = 15680.

This question belongs to: Maths Simple Interest