In how many years Rs. 19030 will amount to Rs. 37869 at 11% simple interest? MCQ with Answer and Explanation

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In how many years Rs. 19030 will amount to Rs. 37869 at 11% simple interest?

A. 11 years

B. 9 years

C. 10 years

D. 8 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 18839. T = (18839 * 100)/(19030 * 11) = 9 years.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 98000 amounts to Rs. 127400 in 3 years

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 29400. R = (29400 * 100)/(98000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest Rs. 19600 for 3 years at 8%

A. Rs. 5104

B. Rs. 4504

C. Rs. 4904

D. Rs. 4704

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Correct Answer: Option D

Explanation:
SI = (19600 * 8 * 3)/100 = 4704.

This question belongs to: Maths Simple Interest

Question #3

The amount after 3 years on Rs. 14000 at 8% SI is

A. Rs. 17160

B. Rs. 17360

C. Rs. 17760

D. Rs. 17560

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Correct Answer: Option B

Explanation:
SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

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