A sum at 4% SI for 8 years amounts to Rs. 67200. Principal MCQ with Answer and Explanation

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A sum at 4% SI for 8 years amounts to Rs. 67200. Principal

A. Rs. 46000

B. Rs. 48000

C. Rs. 47000

D. Rs. 49000

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 19200. P = 67200 - 19200 = 48000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4212000 for 2 years at 99% per annum is

A. Rs. 8346160

B. Rs. 8345960

C. Rs. 8345560

D. Rs. 8345760

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Correct Answer: Option D

Explanation:
SI = (4212000 × 99 × 2)/100 = 8345760.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 90000 amounts to Rs. 126000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 36000. R = (36000 × 100)/(90000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3240000 amounts to Rs. 4536000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1296000. R = (1296000 × 100)/(3240000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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