The principal that gives Rs. 10936800 interest in 9 years at 30% SI is MCQ with Answer and Explanation

The principal that gives Rs. 10936800 interest in 9 years at 30% SI is
A. Rs. 4040000
B. Rs. 4039000
C. Rs. 4038000
D. Rs. 4041000
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (10936800 × 100)/(30 × 9) = 4040000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 396000 amounts to Rs. 554400 in 4 years at simple interest. The rate is
A. 9%
B. 10%
C. 12%
D. 8%

Correct Answer: Option B


Explanation:
SI = 158400. R = (158400 × 100)/(396000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 730800 interest in 8 years at 11% SI is
A. Rs. 831000
B. Rs. 828000
C. Rs. 829000
D. Rs. 830000

Correct Answer: Option D


Explanation:
P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest
Question #3
Time for Rs. 308000 at 10% to amount Rs. 431200
A. 3 years
B. 4 years
C. 5 years
D. 6 years

Correct Answer: Option B


Explanation:
SI = 123200. T = (123200 * 100)/(308000 * 10) = 4 years.

This question belongs to: Maths Simple Interest