A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is MCQ with Answer and Explanation

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A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is

A. Rs. 11000

B. Rs. 10000

C. Rs. 9000

D. Rs. 12000

Answer: Option D

Solution (By JKSSB Mock Tests)

Interest = 13500 - P. SI = (P × 5 × 3)/100 = 13500 - P. Solving gives P = 12000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 61000

B. Rs. 59000

C. Rs. 60000

D. Rs. 58000

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Correct Answer: Option C

Explanation:
P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4239000 for 3 years at 99% per annum is

A. Rs. 12596330

B. Rs. 12596530

C. Rs. 12596130

D. Rs. 12595930

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Correct Answer: Option C

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

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4554000 for 3 years at 106% per annum is

A. Rs. 14482000

B. Rs. 14482600

C. Rs. 14482200

D. Rs. 14482400

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Correct Answer: Option C

Explanation:
SI = (4554000 × 106 × 3)/100 = 14482200.

This question belongs to: Maths Simple Interest

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