The principal that gives Rs. 7243200 interest in 8 years at 29% SI is MCQ with Answer and Explanation

Question

Share Report Error

The principal that gives Rs. 7243200 interest in 8 years at 29% SI is

A. Rs. 3121000

B. Rs. 3120000

C. Rs. 3118000

D. Rs. 3119000

Answer: Option B

Solution (By JKSSB Mock Tests)

P = (7243200 × 100)/(29 × 8) = 3120000.

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

Share Report

A sum of Rs. 1980000 amounts to Rs. 2772000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 792000. R = (792000 × 100)/(1980000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

The principal giving Rs. 60480 SI in 9 years at 8%

A. Rs. 84000

B. Rs. 85000

C. Rs. 82000

D. Rs. 83000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (60480 * 100)/(8 * 9) = 84000.

This question belongs to: Maths Simple Interest

Question #3

Share Report

The principal that gives Rs. 1335600 interest in 8 years at 13% SI is

A. Rs. 1282500

B. Rs. 1277500

C. Rs. 1285000

D. Rs. 1280000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs