The principal that gives Rs. 4762800 interest in 8 years at 23% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 4762800 interest in 8 years at 23% SI is

A. Rs. 2589000

B. Rs. 2591000

C. Rs. 2590000

D. Rs. 2588000

Answer: Option C

Solution (By JKSSB Mock Tests)

P = (4762800 × 100)/(23 × 8) = 2590000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

In how many years will Rs. 81000 amount to Rs. 113400 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 = 32400. T = (32400 × 100)/(81000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 448000 at 13% to amount Rs. 627200

A. 3 years

B. 4 years

C. 5 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 179200. T = (179200 * 100)/(448000 * 13) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 9514800 interest in 8 years at 32% SI is

A. Rs. 3711500

B. Rs. 3712500

C. Rs. 3713500

D. Rs. 3710500

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Correct Answer: Option B

Explanation:
P = (9514800 × 100)/(32 × 8) = 3712500.

This question belongs to: Maths Simple Interest

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