The principal that gives Rs. 31500 interest in 5 years at 9% SI is MCQ with Answer and Explanation

The principal that gives Rs. 31500 interest in 5 years at 9% SI is
A. Rs. 71000
B. Rs. 68000
C. Rs. 69000
D. Rs. 70000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (31500 × 100)/(9 × 5) = 70000.

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Practice More Simple Interest Questions

Question #1
Rate when Rs. 371000 amounts to Rs. 482300 in 3 years
A. 12%
B. 10%
C. 8%
D. 9%

Correct Answer: Option B


Explanation:
SI = 111300. R = (111300 * 100)/(371000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 15292800 interest in 8 years at 42% SI is
A. Rs. 4549000
B. Rs. 4548000
C. Rs. 4551000
D. Rs. 4550000

Correct Answer: Option D


Explanation:
P = (15292800 × 100)/(42 × 8) = 4550000.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 378000 interest in 9 years at 10% SI is
A. Rs. 420000
B. Rs. 418000
C. Rs. 419000
D. Rs. 421000

Correct Answer: Option A


Explanation:
P = (378000 × 100)/(10 × 9) = 420000.

This question belongs to: Maths Simple Interest