The principal that gives Rs. 21202 interest in 7 years at 8% SI is MCQ with Answer and Explanation

The principal that gives Rs. 21202 interest in 7 years at 8% SI is
A. Rs. 38662
B. Rs. 37862
C. Rs. 36862
D. Rs. 37362
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (21202 * 100)/(8 * 7) = 37862.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is
A. 12%
B. 10%
C. 9%
D. 8%

Correct Answer: Option B


Explanation:
SI = 990900. R = (990900 × 100)/(3303000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 2502000 for 2 years at 63% per annum is
A. Rs. 3152920
B. Rs. 3152320
C. Rs. 3152720
D. Rs. 3152520

Correct Answer: Option D


Explanation:
SI = (2502000 × 63 × 2)/100 = 3152520.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 153000 for 3 years at 8% per annum is
A. Rs. 36920
B. Rs. 36720
C. Rs. 37120
D. Rs. 36520

Correct Answer: Option B


Explanation:
SI = (153000 × 8 × 3)/100 = 36720.

This question belongs to: Maths Simple Interest