In how many years Rs. 16000 will give Rs. 4800 interest at 6% SI? MCQ with Answer and Explanation

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In how many years Rs. 16000 will give Rs. 4800 interest at 6% SI?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

T = (4800 * 100)/(16000 * 6) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6386320

B. Rs. 6385720

C. Rs. 6385920

D. Rs. 6386120

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Correct Answer: Option C

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3609000 for 3 years at 85% per annum is

A. Rs. 9203350

B. Rs. 9203150

C. Rs. 9202750

D. Rs. 9202950

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Correct Answer: Option D

Explanation:
SI = (3609000 × 85 × 3)/100 = 9202950.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 4266000 amount to Rs. 5972400 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

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Correct Answer: Option B

Explanation:
SI = 1706400. T = (1706400 × 100)/(4266000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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