In how many years will Rs. 1476000 amount to Rs. 2066400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 1476000 amount to Rs. 2066400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 590400. T = (590400 × 100)/(1476000 × 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

The principal that gives Rs. 126000 interest in 5 years at 6% SI is

A. Rs. 421000

B. Rs. 419000

C. Rs. 420000

D. Rs. 418000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (126000 × 100)/(6 × 5) = 420000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 50300 amounts to Rs. 77965 in 5 years at simple interest. The rate is

A. 11%

B. 12%

C. 10%

D. 13%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 27665. R = (27665 × 100)/(50300 × 5) = 11%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2178000 amounts to Rs. 2831400 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 653400. R = (653400 × 100)/(2178000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs