The sum giving Rs. 25200 SI in 7 years at 8% MCQ with Answer and Explanation

The sum giving Rs. 25200 SI in 7 years at 8%
A. Rs. 46000
B. Rs. 45000
C. Rs. 43000
D. Rs. 44000
Answer: Option B
Solution (By JKSSB Mock Tests)
P = (25200 * 100)/(8 * 7) = 45000.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 2241000 amount to Rs. 3137400 at 8% simple interest?
A. 5 years
B. 6 years
C. 7 years
D. 4 years

Correct Answer: Option A


Explanation:
SI = 896400. T = (896400 × 100)/(2241000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
A man borrowed Rs. 15000 at 10% simple interest. He repaid Rs. 9000 after 2 years. Amount to be paid at end of 4 years to clear debt is
A. Rs. 9600
B. Rs. 10800
C. Rs. 12000
D. Rs. 13200

Correct Answer: Option B


Explanation:
SI for 2 years on 15000 = 3000. Amount = 18000. Paid 9000. Remaining 9000 for 2 years. SI = 1800. Total = 10800.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 2016000 amount to Rs. 2822400 at 8% simple interest?
A. 7 years
B. 5 years
C. 4 years
D. 6 years

Correct Answer: Option B


Explanation:
SI = 806400. T = (806400 × 100)/(2016000 × 8) = 5 years.

This question belongs to: Maths Simple Interest