The principal that gives Rs. 756000 interest in 8 years at 12% SI is MCQ with Answer and Explanation

The principal that gives Rs. 756000 interest in 8 years at 12% SI is
A. Rs. 786500
B. Rs. 788500
C. Rs. 785500
D. Rs. 787500
Answer: Option D
Solution (By JKSSB Mock Tests)
P = (756000 × 100)/(12 × 8) = 787500.

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 3924000 for 3 years at 92% per annum is
A. Rs. 10833840
B. Rs. 10834040
C. Rs. 10833640
D. Rs. 10834240

Correct Answer: Option A


Explanation:
SI = (3924000 × 92 × 3)/100 = 10833840.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 4419000 for 3 years at 103% per annum is
A. Rs. 13666210
B. Rs. 13666610
C. Rs. 13666410
D. Rs. 13666810

Correct Answer: Option C


Explanation:
SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 99000 amounts to Rs. 128700 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 29700. R = (29700 × 100)/(99000 × 3) = 10%.

This question belongs to: Maths Simple Interest