A sum at 10% SI for 4 years amounts to Rs. 168000. Principal MCQ with Answer and Explanation

A sum at 10% SI for 4 years amounts to Rs. 168000. Principal
A. Rs. 111000
B. Rs. 113000
C. Rs. 112000
D. Rs. 110000
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 56000. P = 168000 - 56000 = 112000.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 621000 amount to Rs. 869400 at 8% simple interest?
A. 4 years
B. 6 years
C. 7 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 248400. T = (248400 × 100)/(621000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
Principal for Rs. 168000 interest in 7 years at 12%
A. Rs. 198000
B. Rs. 201000
C. Rs. 199000
D. Rs. 200000

Correct Answer: Option D


Explanation:
P = (168000 * 100)/(12 * 7) = 200000.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 3996000 amount to Rs. 5594400 at 8% simple interest?
A. 6 years
B. 4 years
C. 7 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 1598400. T = (1598400 × 100)/(3996000 × 8) = 5 years.

This question belongs to: Maths Simple Interest