The principal that gives Rs. 3880800 interest in 9 years at 18% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 3880800 interest in 9 years at 18% SI is

A. Rs. 2399000

B. Rs. 2401000

C. Rs. 2398000

D. Rs. 2400000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (3880800 × 100)/(18 × 9) = 2400000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 122500 for 2 years at 13%

A. Rs. 31650

B. Rs. 31850

C. Rs. 32050

D. Rs. 32250

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Correct Answer: Option B

Explanation:
SI = (122500 * 13 * 2)/100 = 31850.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2214000 for 3 years at 54% per annum is

A. Rs. 3586680

B. Rs. 3587080

C. Rs. 3586880

D. Rs. 3586480

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Correct Answer: Option A

Explanation:
SI = (2214000 × 54 × 3)/100 = 3586680.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 1346400. T = (1346400 × 100)/(3366000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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