A sum at 11% SI for 4 years amounts to Rs. 41800. Principal MCQ with Answer and Explanation

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

A. Rs. 28000

B. Rs. 27000

C. Rs. 29000

D. Rs. 26000

Answer: Option A

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 1566000 amount to Rs. 2192400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 626400. T = (626400 × 100)/(1566000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 4356000 amount to Rs. 6098400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1742400. T = (1742400 × 100)/(4356000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 7243200 interest in 8 years at 29% SI is

A. Rs. 3118000

B. Rs. 3119000

C. Rs. 3121000

D. Rs. 3120000

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Correct Answer: Option D

Explanation:
P = (7243200 × 100)/(29 × 8) = 3120000.

This question belongs to: Maths Simple Interest

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