The principal that gives Rs. 75600 interest in 6 years at 7% SI is MCQ with Answer and Explanation

The principal that gives Rs. 75600 interest in 6 years at 7% SI is
A. Rs. 178000
B. Rs. 180000
C. Rs. 179000
D. Rs. 181000
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (75600 × 100)/(7 × 6) = 180000.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 3123000 amounts to Rs. 4060000 approx in 3 years is adjusted to exact 10%
A. 8%
B. 12%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 937000 approx, R = 10%.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 2898000 amounts to Rs. 3767400 in 3 years is
A. 12%
B. 8%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 869400. R = (869400 × 100)/(2898000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 63000 for 3 years at 9% per annum is
A. Rs. 17010
B. Rs. 16810
C. Rs. 17210
D. Rs. 17410

Correct Answer: Option A


Explanation:
SI = (63000 × 9 × 3)/100 = 17010.

This question belongs to: Maths Simple Interest