The principal that gives Rs. 14040000 interest in 8 years at 41% SI is MCQ with Answer and Explanation

The principal that gives Rs. 14040000 interest in 8 years at 41% SI is
A. Rs. 4276000
B. Rs. 4275000
C. Rs. 4274000
D. Rs. 4273000
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (14040000 × 100)/(41 × 8) = 4275000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 10%
D. 8%

Correct Answer: Option C


Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 3006000 amount to Rs. 4208400 at 8% simple interest?
A. 4 years
B. 5 years
C. 6 years
D. 7 years

Correct Answer: Option B


Explanation:
SI = 1202400. T = (1202400 × 100)/(3006000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 2469600 interest in 9 years at 15% SI is
A. Rs. 1831000
B. Rs. 1828000
C. Rs. 1830000
D. Rs. 1829000

Correct Answer: Option C


Explanation:
P = (2469600 × 100)/(15 × 9) = 1830000.

This question belongs to: Maths Simple Interest