The principal that gives Rs. 50400 interest in 7 years at 8% SI is MCQ with Answer and Explanation

Question

Share Report Error

The principal that gives Rs. 50400 interest in 7 years at 8% SI is

A. Rs. 90000

B. Rs. 89000

C. Rs. 91000

D. Rs. 88000

Answer: Option A

Solution (By JKSSB Mock Tests)

P = (50400 × 100)/(8 × 7) = 90000.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 277200 interest in 9 years at 11% SI is

A. Rs. 279000

B. Rs. 278000

C. Rs. 280000

D. Rs. 281000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (277200 × 100)/(11 × 9) = 280000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4464000 for 3 years at 104% per annum is

A. Rs. 13921720

B. Rs. 13921920

C. Rs. 13922320

D. Rs. 13922120

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (4464000 × 104 × 3)/100 = 13921920.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1148400. T = (1148400 × 100)/(2871000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs