A sum amounts to Rs. 65520 in 6 years at 8% SI. Principal MCQ with Answer and Explanation

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A sum amounts to Rs. 65520 in 6 years at 8% SI. Principal

A. Rs. 41000

B. Rs. 40000

C. Rs. 42000

D. Rs. 43000

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 23520. P = 65520 - 23520 = 42000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3447000 for 2 years at 84% per annum is

A. Rs. 5791160

B. Rs. 5790960

C. Rs. 5791360

D. Rs. 5790760

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Correct Answer: Option B

Explanation:
SI = (3447000 × 84 × 2)/100 = 5790960.

This question belongs to: Maths Simple Interest

Question #2

A sum at 11% SI for 4 years amounts to Rs. 41800. Principal

A. Rs. 28000

B. Rs. 29000

C. Rs. 27000

D. Rs. 26000

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Correct Answer: Option A

Explanation:
SI = 13800. P = 41800 - 13800 = 28000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2115000 amounts to Rs. 2961000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 846000. R = (846000 × 100)/(2115000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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