The principal that gives Rs. 113400 interest in 9 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 113400 interest in 9 years at 7% SI is
A. Rs. 180000
B. Rs. 179000
C. Rs. 178000
D. Rs. 181000
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (113400 × 100)/(7 × 9) = 180000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 1647000 for 2 years at 44% per annum is
A. Rs. 1449560
B. Rs. 1449760
C. Rs. 1449360
D. Rs. 1449160

Correct Answer: Option C


Explanation:
SI = (1647000 × 44 × 2)/100 = 1449360.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 31245 for 5 years at 6% per annum is
A. Rs. 9173
B. Rs. 9573
C. Rs. 9773
D. Rs. 9373

Correct Answer: Option D


Explanation:
SI = (31245 * 6 * 5)/100 = 9373.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1368900. R = (1368900 × 100)/(4563000 × 3) = 10%.

This question belongs to: Maths Simple Interest