The principal that gives Rs. 2998800 interest in 8 years at 18% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 2998800 interest in 8 years at 18% SI is

A. Rs. 2083500

B. Rs. 2081500

C. Rs. 2080500

D. Rs. 2082500

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (2998800 × 100)/(18 × 8) = 2082500.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1089000 for 3 years at 29% per annum is

A. Rs. 947830

B. Rs. 947430

C. Rs. 947630

D. Rs. 947230

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Correct Answer: Option B

Explanation:
SI = (1089000 × 29 × 3)/100 = 947430.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 5475600 interest in 8 years at 25% SI is

A. Rs. 2737800

B. Rs. 2735800

C. Rs. 2738800

D. Rs. 2736800

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Correct Answer: Option A

Explanation:
P = (5475600 × 100)/(25 × 8) = 2737800.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1107000 for 2 years at 32% per annum is

A. Rs. 708280

B. Rs. 708680

C. Rs. 708880

D. Rs. 708480

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Correct Answer: Option D

Explanation:
SI = (1107000 × 32 × 2)/100 = 708480.

This question belongs to: Maths Simple Interest

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