The principal that gives Rs. 16128000 interest in 9 years at 37% SI is MCQ with Answer and Explanation

The principal that gives Rs. 16128000 interest in 9 years at 37% SI is
A. Rs. 4837500
B. Rs. 4835500
C. Rs. 4836500
D. Rs. 4838500
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (16128000 × 100)/(37 × 9) = 4837500.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 2754000 for 3 years at 66% per annum is
A. Rs. 5453120
B. Rs. 5453320
C. Rs. 5452920
D. Rs. 5452720

Correct Answer: Option C


Explanation:
SI = (2754000 × 66 × 3)/100 = 5452920.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 42000 for 4 years at 7% per annum is
A. Rs. 11760
B. Rs. 11960
C. Rs. 11560
D. Rs. 12160

Correct Answer: Option A


Explanation:
SI = (42000 × 7 × 4)/100 = 11760.

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 28000 amounts to Rs. 39200 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 9%
D. 12%

Correct Answer: Option B


Explanation:
SI = 11200. R = (11200 × 100)/(28000 × 4) = 10%.

This question belongs to: Maths Simple Interest