The principal that gives Rs. 6199200 interest in 8 years at 27% SI is MCQ with Answer and Explanation

The principal that gives Rs. 6199200 interest in 8 years at 27% SI is
A. Rs. 2858000
B. Rs. 2859000
C. Rs. 2861000
D. Rs. 2860000
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (6199200 × 100)/(27 × 8) = 2860000.

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Practice More Simple Interest Questions

Question #1
The principal for Rs. 20160 interest in 8 years at 6%
A. Rs. 41000
B. Rs. 43000
C. Rs. 40000
D. Rs. 42000

Correct Answer: Option D


Explanation:
P = (20160 * 100)/(6 * 8) = 42000.

This question belongs to: Maths Simple Interest
Question #2
A sum amounts to Rs. 147840 in 5 years at 9% SI. Principal
A. Rs. 113000
B. Rs. 111000
C. Rs. 110000
D. Rs. 112000

Correct Answer: Option D


Explanation:
SI = 35840. P = 147840 - 35840 = 112000.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 2178000 amounts to Rs. 2831400 in 3 years is
A. 12%
B. 10%
C. 8%
D. 9%

Correct Answer: Option B


Explanation:
SI = 653400. R = (653400 × 100)/(2178000 × 3) = 10%.

This question belongs to: Maths Simple Interest