The principal that gives Rs. 151200 interest in 9 years at 8% SI is MCQ with Answer and Explanation

The principal that gives Rs. 151200 interest in 9 years at 8% SI is
A. Rs. 210000
B. Rs. 211000
C. Rs. 208000
D. Rs. 209000
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (151200 × 100)/(8 × 9) = 210000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 38500 for 5 years at 8%
A. Rs. 15200
B. Rs. 15600
C. Rs. 15400
D. Rs. 15800

Correct Answer: Option C


Explanation:
SI = (38500 * 8 * 5)/100 = 15400.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 414000 amounts to Rs. 579600 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 165600. R = (165600 × 100)/(414000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 1809000 for 3 years at 45% per annum is
A. Rs. 2442350
B. Rs. 2442150
C. Rs. 2441950
D. Rs. 2442550

Correct Answer: Option B


Explanation:
SI = (1809000 × 45 × 3)/100 = 2442150.

This question belongs to: Maths Simple Interest