In how many years will Rs. 1206000 amount to Rs. 1688400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 1206000 amount to Rs. 1688400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 482400. T = (482400 × 100)/(1206000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 2214000 for 3 years at 54% per annum is

A. Rs. 3586480

B. Rs. 3586880

C. Rs. 3587080

D. Rs. 3586680

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (2214000 × 54 × 3)/100 = 3586680.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 4401000 amount to Rs. 6161400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1760400. T = (1760400 × 100)/(4401000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 288000 amounts to Rs. 374400 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 86400. R = (86400 × 100)/(288000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs