The principal that gives Rs. 12412800 interest in 8 years at 38% SI is MCQ with Answer and Explanation

The principal that gives Rs. 12412800 interest in 8 years at 38% SI is
A. Rs. 4081000
B. Rs. 4079000
C. Rs. 4080000
D. Rs. 4078000
Answer: Option C
Solution (By JKSSB Mock Tests)
P = (12412800 × 100)/(38 × 8) = 4080000.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 3175200 interest in 9 years at 17% SI is
A. Rs. 2074000
B. Rs. 2076000
C. Rs. 2075000
D. Rs. 2077000

Correct Answer: Option B


Explanation:
P = (3175200 × 100)/(17 × 9) = 2076000.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 4374000 for 3 years at 102% per annum is
A. Rs. 13389880
B. Rs. 13389680
C. Rs. 13389480
D. Rs. 13389280

Correct Answer: Option C


Explanation:
SI = (4374000 × 102 × 3)/100 = 13389480.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 405000 amounts to Rs. 567000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 9%
D. 12%

Correct Answer: Option A


Explanation:
SI = 162000. R = (162000 × 100)/(405000 × 4) = 10%.

This question belongs to: Maths Simple Interest