The principal that gives Rs. 9514800 interest in 8 years at 32% SI is MCQ with Answer and Explanation

The principal that gives Rs. 9514800 interest in 8 years at 32% SI is
A. Rs. 3710500
B. Rs. 3712500
C. Rs. 3713500
D. Rs. 3711500
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (9514800 × 100)/(32 × 8) = 3712500.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 12117600 interest in 9 years at 32% SI is
A. Rs. 4198000
B. Rs. 4201000
C. Rs. 4199000
D. Rs. 4200000

Correct Answer: Option D


Explanation:
P = (12117600 × 100)/(32 × 9) = 4200000.

This question belongs to: Maths Simple Interest
Question #2
Rate for Rs. 189000 to Rs. 245700 in 3 years SI
A. 8%
B. 12%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 56700. R = (56700 * 100)/(189000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 1296000 amount to Rs. 1814400 at 8% simple interest?
A. 5 years
B. 4 years
C. 7 years
D. 6 years

Correct Answer: Option A


Explanation:
SI = 518400. T = (518400 × 100)/(1296000 × 8) = 5 years.

This question belongs to: Maths Simple Interest