The principal that gives Rs. 3528000 interest in 9 years at 18% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 3528000 interest in 9 years at 18% SI is

A. Rs. 2175778

B. Rs. 2176778

C. Rs. 2177778

D. Rs. 2178778

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (3528000 × 100)/(18 × 9) = 2177778 approx adjusted.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 189000 for 3 years at 9% per annum is

A. Rs. 50830

B. Rs. 51230

C. Rs. 51430

D. Rs. 51030

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Correct Answer: Option D

Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 270000 amounts to Rs. 378000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 108000. R = (108000 × 100)/(270000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on a sum for 2 years at 12% is Rs. 480. The sum is

A. Rs. 2400

B. Rs. 2200

C. Rs. 1800

D. Rs. 2000

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Correct Answer: Option D

Explanation:
P = (480 × 100)/(12 × 2) = 2000.

This question belongs to: Maths Simple Interest

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