In how many years will Rs. 1611000 amount to Rs. 2255400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 1611000 amount to Rs. 2255400 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 = 644400. T = (644400 × 100)/(1611000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

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

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

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

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 378000 amounts to Rs. 529200 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 151200. R = (151200 × 100)/(378000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 180000 for 3 years at 9% per annum is

A. Rs. 48600

B. Rs. 48800

C. Rs. 49000

D. Rs. 48400

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Correct Answer: Option A

Explanation:
SI = (180000 × 9 × 3)/100 = 48600.

This question belongs to: Maths Simple Interest

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