In how many years will Rs. 1296000 amount to Rs. 1814400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 1296000 amount to Rs. 1814400 at 8% simple interest?

A. 4 years

B. 6 years

C. 5 years

D. 7 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 518400. T = (518400 × 100)/(1296000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 113400 interest in 6 years at 7% SI is

A. Rs. 268000

B. Rs. 271000

C. Rs. 269000

D. Rs. 270000

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Correct Answer: Option D

Explanation:
P = (113400 × 100)/(7 × 6) = 270000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 90000 amounts to Rs. 126000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 36000. R = (36000 × 100)/(90000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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