In how many years will Rs. 135000 amount to Rs. 189000 at 8% simple interest? MCQ with Answer and Explanation

In how many years will Rs. 135000 amount to Rs. 189000 at 8% simple interest?
A. 7 years
B. 6 years
C. 4 years
D. 5 years
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = 54000. T = (54000 × 100)/(135000 × 8) = 5 years.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 432000 for 3 years at 15% per annum is
A. Rs. 194800
B. Rs. 194400
C. Rs. 194200
D. Rs. 194600

Correct Answer: Option B


Explanation:
SI = (432000 × 15 × 3)/100 = 194400.

This question belongs to: Maths Simple Interest
Question #2
In how many years Rs. 16000 will give Rs. 4800 interest at 6% SI?
A. 6 years
B. 7 years
C. 5 years
D. 4 years

Correct Answer: Option C


Explanation:
T = (4800 * 100)/(16000 * 6) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 1134000 for 3 years at 30% per annum is
A. Rs. 1021000
B. Rs. 1020400
C. Rs. 1020600
D. Rs. 1020800

Correct Answer: Option C


Explanation:
SI = (1134000 × 30 × 3)/100 = 1020600.

This question belongs to: Maths Simple Interest