The principal that gives Rs. 17280000 interest in 9 years at 40% SI is MCQ with Answer and Explanation

The principal that gives Rs. 17280000 interest in 9 years at 40% SI is
A. Rs. 4799000
B. Rs. 4798000
C. Rs. 4800000
D. Rs. 4801000
Answer: Option C
Solution (By JKSSB Mock Tests)
P = (17280000 × 100)/(40 × 9) = 4800000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 4095000 amounts to Rs. 5733000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 9%
D. 12%

Correct Answer: Option A


Explanation:
SI = 1638000. R = (1638000 × 100)/(4095000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
In how many years Rs. 24000 will amount to Rs. 33600 at 8% SI?
A. 7 years
B. 6 years
C. 4 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 9600. T = (9600 × 100)/(24000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 2313000 amounts to Rs. 3006900 in 3 years is
A. 9%
B. 10%
C. 12%
D. 8%

Correct Answer: Option B


Explanation:
SI = 693900. R = (693900 × 100)/(2313000 × 3) = 10%.

This question belongs to: Maths Simple Interest