A sum at 13% SI for 5 years amounts to Rs. 252000. Principal MCQ with Answer and Explanation

A sum at 13% SI for 5 years amounts to Rs. 252000. Principal
A. Rs. 166000
B. Rs. 168000
C. Rs. 167000
D. Rs. 169000
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 84000. P = 252000 - 84000 = 168000.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 720000 for 3 years at 23% per annum is
A. Rs. 497200
B. Rs. 496600
C. Rs. 496800
D. Rs. 497000

Correct Answer: Option C


Explanation:
SI = (720000 × 23 × 3)/100 = 496800.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 3879000 for 3 years at 91% per annum is
A. Rs. 10601530
B. Rs. 10600930
C. Rs. 10601330
D. Rs. 10601130

Correct Answer: Option D


Explanation:
SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?
A. 7 years
B. 5 years
C. 4 years
D. 6 years

Correct Answer: Option B


Explanation:
SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 years.

This question belongs to: Maths Simple Interest