The principal that gives Rs. 7776000 interest in 8 years at 30% SI is MCQ with Answer and Explanation

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The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3238000

B. Rs. 3239000

C. Rs. 3241000

D. Rs. 3240000

Answer: Option D

Solution (By JKSSB Mock Tests)

P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2952000 for 2 years at 73% per annum is

A. Rs. 4312320

B. Rs. 4312720

C. Rs. 4312120

D. Rs. 4312520

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Correct Answer: Option A

Explanation:
SI = (2952000 × 73 × 2)/100 = 4312320.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal

A. Rs. 99000

B. Rs. 97000

C. Rs. 98000

D. Rs. 96000

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Correct Answer: Option C

Explanation:
SI = 43120. P = 141120 - 43120 = 98000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 150500 for 4 years at 6%

A. Rs. 35920

B. Rs. 36120

C. Rs. 36320

D. Rs. 36520

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Correct Answer: Option B

Explanation:
SI = (150500 * 6 * 4)/100 = 36120.

This question belongs to: Maths Simple Interest

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