In how many years Rs. 24000 will amount to Rs. 33600 at 8% SI? MCQ with Answer and Explanation

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In how many years Rs. 24000 will amount to Rs. 33600 at 8% SI?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 9600. T = (9600 × 100)/(24000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 1587600 interest in 8 years at 15% SI is

A. Rs. 1322000

B. Rs. 1323000

C. Rs. 1321000

D. Rs. 1324000

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Correct Answer: Option B

Explanation:
P = (1587600 × 100)/(15 × 8) = 1323000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 252000 amounts to Rs. 352800 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 100800. R = (100800 × 100)/(252000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 168000 interest in 7 years at 12%

A. Rs. 198000

B. Rs. 201000

C. Rs. 199000

D. Rs. 200000

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Correct Answer: Option D

Explanation:
P = (168000 * 100)/(12 * 7) = 200000.

This question belongs to: Maths Simple Interest

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