In how many years Rs. 17487 will amount to Rs. 20110 at 5% simple interest? MCQ with Answer and Explanation

In how many years Rs. 17487 will amount to Rs. 20110 at 5% simple interest?
A. 4 years
B. 2 years
C. 3 years
D. 5 years
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 2623. T = (2623 * 100)/(17487 * 5) = 3 years.

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Practice More Simple Interest Questions

Question #1
A sum amounts to Rs. 179760 in 5 years at 8% SI. Principal
A. Rs. 131000
B. Rs. 132000
C. Rs. 133000
D. Rs. 134000

Correct Answer: Option C


Explanation:
SI = 46760. P = 179760 - 46760 = 133000.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 162000 for 2 years at 11% per annum is
A. Rs. 35440
B. Rs. 35840
C. Rs. 36040
D. Rs. 35640

Correct Answer: Option D


Explanation:
SI = (162000 × 11 × 2)/100 = 35640.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 126000 interest in 8 years at 9% SI is
A. Rs. 175000
B. Rs. 174000
C. Rs. 176000
D. Rs. 173000

Correct Answer: Option A


Explanation:
P = (126000 × 100)/(9 × 8) = 175000.

This question belongs to: Maths Simple Interest