The principal that gives Rs. 378000 interest in 8 years at 9% SI is MCQ with Answer and Explanation

The principal that gives Rs. 378000 interest in 8 years at 9% SI is
A. Rs. 524000
B. Rs. 526000
C. Rs. 523000
D. Rs. 525000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (378000 × 100)/(9 × 8) = 525000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 2178000 amounts to Rs. 2831400 in 3 years is
A. 10%
B. 12%
C. 9%
D. 8%

Correct Answer: Option A


Explanation:
SI = 653400. R = (653400 × 100)/(2178000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 4527000 for 2 years at 106% per annum is
A. Rs. 9603040
B. Rs. 9603440
C. Rs. 9603640
D. Rs. 9603240

Correct Answer: Option D


Explanation:
SI = (4527000 × 106 × 2)/100 = 9603240.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 37800 interest in 6 years at 7% SI is
A. Rs. 88000
B. Rs. 91000
C. Rs. 90000
D. Rs. 89000

Correct Answer: Option C


Explanation:
P = (37800 × 100)/(7 × 6) = 90000.

This question belongs to: Maths Simple Interest