A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 50400 in 5 years at 7% SI. Principal

A. Rs. 37000

B. Rs. 34000

C. Rs. 36000

D. Rs. 35000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 14400. P = 50400 - 14400 = 36000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6386120

B. Rs. 6386320

C. Rs. 6385920

D. Rs. 6385720

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Correct Answer: Option C

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 3528000 interest in 9 years at 18% SI is

A. Rs. 2178778

B. Rs. 2176778

C. Rs. 2177778

D. Rs. 2175778

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Correct Answer: Option C

Explanation:
P = (3528000 × 100)/(18 × 9) = 2177778 approx adjusted.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 24000 amount to Rs. 33600 at 10% simple interest?

A. 3 years

B. 5 years

C. 4 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 9600. T = (9600 × 100)/(24000 × 10) = 4 years.

This question belongs to: Maths Simple Interest

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