The principal that gives Rs. 9907200 interest in 8 years at 33% SI is MCQ with Answer and Explanation

The principal that gives Rs. 9907200 interest in 8 years at 33% SI is
A. Rs. 3748000
B. Rs. 3751000
C. Rs. 3750000
D. Rs. 3749000
Answer: Option C
Solution (By JKSSB Mock Tests)
P = (9907200 × 100)/(33 × 8) = 3750000.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 2565000 amounts to Rs. 3591000 in 4 years at simple interest. The rate is
A. 8%
B. 12%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 1026000. R = (1026000 × 100)/(2565000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 144000 amounts to Rs. 201600 in 5 years at simple interest. The rate is
A. 10%
B. 8%
C. 6%
D. 9%

Correct Answer: Option B


Explanation:
SI = 57600. R = (57600 × 100)/(144000 × 5) = 8%.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 855000 amount to Rs. 1197000 at 8% simple interest?
A. 7 years
B. 4 years
C. 5 years
D. 6 years

Correct Answer: Option C


Explanation:
SI = 342000. T = (342000 × 100)/(855000 × 8) = 5 years.

This question belongs to: Maths Simple Interest