The principal that gives Rs. 16704000 interest in 9 years at 38% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 16704000 interest in 9 years at 38% SI is

A. Rs. 4878000

B. Rs. 4879000

C. Rs. 4880000

D. Rs. 4881000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (16704000 × 100)/(38 × 9) = 4880000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 1346400. T = (1346400 × 100)/(3366000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

A sum at 5% SI for 6 years amounts to Rs. 33600. Principal

A. Rs. 24000

B. Rs. 23000

C. Rs. 25000

D. Rs. 22000

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Correct Answer: Option A

Explanation:
SI = 9600. P = 33600 - 9600 = 24000.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 385000 to Rs. 500500 in 3 years SI

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 115500. R = (115500 * 100)/(385000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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