The principal that gives Rs. 11836800 interest in 8 years at 37% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 11836800 interest in 8 years at 37% SI is

A. Rs. 4000000

B. Rs. 3999000

C. Rs. 3998000

D. Rs. 4001000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (11836800 × 100)/(37 × 8) = 4000000.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3114000 for 3 years at 74% per annum is

A. Rs. 6912120

B. Rs. 6912320

C. Rs. 6911920

D. Rs. 6912520

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Correct Answer: Option A

Explanation:
SI = (3114000 × 74 × 3)/100 = 6912120.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 112000 for 2 years at 7% per annum is

A. Rs. 15480

B. Rs. 15880

C. Rs. 15680

D. Rs. 16080

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Correct Answer: Option C

Explanation:
SI = (112000 × 7 × 2)/100 = 15680.

This question belongs to: Maths Simple Interest

Question #3

At what rate percent will Rs. 25000 give Rs. 7500 interest in 5 years?

A. 8%

B. 5%

C. 7%

D. 6%

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Correct Answer: Option D

Explanation:
R = (7500 × 100)/(25000 × 5) = 6%.

This question belongs to: Maths Simple Interest

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