A sum amounts to Rs. 95760 in 5 years at 8% SI. Principal MCQ with Answer and Explanation

A sum amounts to Rs. 95760 in 5 years at 8% SI. Principal
A. Rs. 61000
B. Rs. 63000
C. Rs. 62000
D. Rs. 64000
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 32760. P = 95760 - 32760 = 63000.

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Practice More Simple Interest Questions

Question #1
A sum amounts to Rs. 31200 in 4 years at 10% SI. Principal
A. Rs. 19200
B. Rs. 17200
C. Rs. 18200
D. Rs. 20200

Correct Answer: Option A


Explanation:
SI = 12000. P = 31200 - 12000 = 19200.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 4239000 for 3 years at 99% per annum is
A. Rs. 12595930
B. Rs. 12596130
C. Rs. 12596530
D. Rs. 12596330

Correct Answer: Option B


Explanation:
SI = (4239000 × 99 × 3)/100 = 12596130.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 2232000 for 2 years at 57% per annum is
A. Rs. 2544880
B. Rs. 2544680
C. Rs. 2544480
D. Rs. 2544280

Correct Answer: Option C


Explanation:
SI = (2232000 × 57 × 2)/100 = 2544480.

This question belongs to: Maths Simple Interest