The principal that gives Rs. 252000 interest in 7 years at 10% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 252000 interest in 7 years at 10% SI is

A. Rs. 359000

B. Rs. 361000

C. Rs. 358000

D. Rs. 360000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (252000 × 100)/(10 × 7) = 360000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 864000 for 3 years at 27% per annum is

A. Rs. 700040

B. Rs. 699640

C. Rs. 699840

D. Rs. 700240

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Correct Answer: Option C

Explanation:
SI = (864000 × 27 × 3)/100 = 699840.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16806

B. Rs. 17456

C. Rs. 16956

D. Rs. 17156

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Correct Answer: Option C

Explanation:
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 324000 for 3 years at 12% per annum is

A. Rs. 116440

B. Rs. 116640

C. Rs. 116840

D. Rs. 117040

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Correct Answer: Option B

Explanation:
SI = (324000 × 12 × 3)/100 = 116640.

This question belongs to: Maths Simple Interest

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