The principal that gives Rs. 176400 interest in 7 years at 8% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 176400 interest in 7 years at 8% SI is

A. Rs. 316000

B. Rs. 315000

C. Rs. 314000

D. Rs. 313000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (176400 × 100)/(8 × 7) = 315000.

This question belongs to: Maths Simple Interest

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Question #1

A sum amounts to Rs. 80640 in 6 years at 9% SI. Principal

A. Rs. 46000

B. Rs. 48000

C. Rs. 47000

D. Rs. 49000

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Correct Answer: Option B

Explanation:
SI = 32640. P = 80640 - 32640 = 48000.

This question belongs to: Maths Simple Interest

Question #2

A sum at 10% SI for 5 years amounts to Rs. 105000. Principal

A. Rs. 68000

B. Rs. 70000

C. Rs. 69000

D. Rs. 71000

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Correct Answer: Option B

Explanation:
SI = 35000. P = 105000 - 35000 = 70000.

This question belongs to: Maths Simple Interest

Question #3

A sum of money doubles itself in 10 years at simple interest. The rate of interest is

A. 12%

B. 10%

C. 8%

D. 15%

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Correct Answer: Option B

Explanation:
SI = Principal. R = (100 × 100)/(P × 10) × P = 10%.

This question belongs to: Maths Simple Interest

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