The principal that gives Rs. 10306800 interest in 8 years at 34% SI is MCQ with Answer and Explanation

The principal that gives Rs. 10306800 interest in 8 years at 34% SI is
A. Rs. 3794000
B. Rs. 3796000
C. Rs. 3795000
D. Rs. 3793000
Answer: Option C
Solution (By JKSSB Mock Tests)
P = (10306800 × 100)/(34 × 8) = 3795000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 36000 amounts to Rs. 50400 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 8%
D. 10%

Correct Answer: Option D


Explanation:
SI = 14400. R = (14400 × 100)/(36000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 9907200 interest in 8 years at 33% SI is
A. Rs. 3751000
B. Rs. 3750000
C. Rs. 3748000
D. Rs. 3749000

Correct Answer: Option B


Explanation:
P = (9907200 × 100)/(33 × 8) = 3750000.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 1335600 interest in 8 years at 13% SI is
A. Rs. 1280000
B. Rs. 1277500
C. Rs. 1282500
D. Rs. 1285000

Correct Answer: Option C


Explanation:
P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest