The principal that gives Rs. 5918400 interest in 9 years at 22% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 5918400 interest in 9 years at 22% SI is

A. Rs. 2999000

B. Rs. 3001000

C. Rs. 2998000

D. Rs. 3000000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (5918400 × 100)/(22 × 9) = 3000000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3267000 for 2 years at 80% per annum is

A. Rs. 5227200

B. Rs. 5227400

C. Rs. 5227000

D. Rs. 5227600

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Correct Answer: Option A

Explanation:
SI = (3267000 × 80 × 2)/100 = 5227200.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4032000 for 2 years at 97% per annum is

A. Rs. 7822280

B. Rs. 7822080

C. Rs. 7821880

D. Rs. 7822480

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Correct Answer: Option B

Explanation:
SI = (4032000 × 97 × 2)/100 = 7822080.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 153000 amounts to Rs. 198900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 45900. R = (45900 × 100)/(153000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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