The principal that gives Rs. 25200 interest in 6 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 25200 interest in 6 years at 7% SI is
A. Rs. 59000
B. Rs. 58000
C. Rs. 60000
D. Rs. 61000
Answer: Option C
Solution (By JKSSB Mock Tests)
P = (25200 × 100)/(7 × 6) = 60000.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 6476400 interest in 9 years at 23% SI is
A. Rs. 3118000
B. Rs. 3121000
C. Rs. 3119000
D. Rs. 3120000

Correct Answer: Option D


Explanation:
P = (6476400 × 100)/(23 × 9) = 3120000.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 151200 interest in 9 years at 8% SI is
A. Rs. 209000
B. Rs. 208000
C. Rs. 210000
D. Rs. 211000

Correct Answer: Option C


Explanation:
P = (151200 × 100)/(8 × 9) = 210000.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 2583000 amounts to Rs. 3357900 in 3 years is
A. 8%
B. 12%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 774900. R = (774900 × 100)/(2583000 × 3) = 10%.

This question belongs to: Maths Simple Interest