The principal that gives Rs. 4586400 interest in 9 years at 20% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 4586400 interest in 9 years at 20% SI is

A. Rs. 2551000

B. Rs. 2549000

C. Rs. 2550000

D. Rs. 2548000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (4586400 × 100)/(20 × 9) = 2550000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum of money triples itself in 20 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 15%

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Correct Answer: Option B

Explanation:
SI = 2P. R = (200 × 100)/(P × 20) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 18000 to amount Rs. 25200 at 8% SI

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 7200. T = (7200 * 100)/(18000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4347000 for 2 years at 102% per annum is

A. Rs. 8868080

B. Rs. 8867880

C. Rs. 8868280

D. Rs. 8867680

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Correct Answer: Option B

Explanation:
SI = (4347000 × 102 × 2)/100 = 8867880.

This question belongs to: Maths Simple Interest

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