The principal that gives Rs. 529200 interest in 8 years at 9% SI is MCQ with Answer and Explanation

The principal that gives Rs. 529200 interest in 8 years at 9% SI is
A. Rs. 735000
B. Rs. 734000
C. Rs. 733000
D. Rs. 736000
Answer: Option A
Solution (By JKSSB Mock Tests)
P = (529200 × 100)/(9 × 8) = 735000.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 189000 for 3 years at 9% per annum is
A. Rs. 51030
B. Rs. 51230
C. Rs. 51430
D. Rs. 50830

Correct Answer: Option A


Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest
Question #2
Years for Rs. 294000 at 9% to give Rs. 158760 interest
A. 7 years
B. 5 years
C. 4 years
D. 6 years

Correct Answer: Option D


Explanation:
T = (158760 * 100)/(294000 * 9) = 6 years.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 42000 for 3 years at 10% is
A. Rs. 13000
B. Rs. 12800
C. Rs. 12600
D. Rs. 12400

Correct Answer: Option C


Explanation:
SI = (42000 × 10 × 3)/100 = 12600.

This question belongs to: Maths Simple Interest