The principal that gives Rs. 4942800 interest in 9 years at 20% SI is MCQ with Answer and Explanation

The principal that gives Rs. 4942800 interest in 9 years at 20% SI is
A. Rs. 2746000
B. Rs. 2744000
C. Rs. 2745000
D. Rs. 2747000
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (4942800 × 100)/(20 × 9) = 2746000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 4239000 for 3 years at 99% per annum is
A. Rs. 12596130
B. Rs. 12596530
C. Rs. 12595930
D. Rs. 12596330

Correct Answer: Option A


Explanation:
SI = (4239000 × 99 × 3)/100 = 12596130.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 234000 for 3 years at 10% per annum is
A. Rs. 70200
B. Rs. 70600
C. Rs. 70000
D. Rs. 70400

Correct Answer: Option A


Explanation:
SI = (234000 × 10 × 3)/100 = 70200.

This question belongs to: Maths Simple Interest
Question #3
Principal for Rs. 537600 interest in 7 years at 12%
A. Rs. 638000
B. Rs. 640000
C. Rs. 639000
D. Rs. 641000

Correct Answer: Option B


Explanation:
P = (537600 * 100)/(12 * 7) = 640000.

This question belongs to: Maths Simple Interest