A sum amounts to Rs. 163680 in 5 years at 9% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 163680 in 5 years at 9% SI. Principal

A. Rs. 112000

B. Rs. 113000

C. Rs. 111000

D. Rs. 110000

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 51680. P = 163680 - 51680 = 112000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3087000 for 2 years at 76% per annum is

A. Rs. 4692240

B. Rs. 4692040

C. Rs. 4692440

D. Rs. 4692640

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Correct Answer: Option A

Explanation:
SI = (3087000 × 76 × 2)/100 = 4692240.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 252000 for 2 years at 13% per annum is

A. Rs. 65920

B. Rs. 65320

C. Rs. 65720

D. Rs. 65520

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Correct Answer: Option D

Explanation:
SI = (252000 × 13 × 2)/100 = 65520.

This question belongs to: Maths Simple Interest

Question #3

A sum of money triples itself in 20 years at simple interest. The rate is

A. 8%

B. 10%

C. 15%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 2P. R = (200 × 100)/(P × 20) = 10%.

This question belongs to: Maths Simple Interest

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