In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 279000 for 3 years at 11% per annum is

A. Rs. 92470

B. Rs. 92270

C. Rs. 92070

D. Rs. 91870

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Correct Answer: Option C

Explanation:
SI = (279000 × 11 × 3)/100 = 92070.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3339000 for 3 years at 79% per annum is

A. Rs. 7915330

B. Rs. 7915530

C. Rs. 7915730

D. Rs. 7915930

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Correct Answer: Option B

Explanation:
SI = (3339000 × 79 × 3)/100 = 7915530.

This question belongs to: Maths Simple Interest

Question #3

A sum at 16% SI for 3 years amounts to Rs. 364000. Principal

A. Rs. 210000

B. Rs. 209000

C. Rs. 211000

D. Rs. 208000

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Correct Answer: Option A

Explanation:
SI = 154000. P = 364000 - 154000 = 210000.

This question belongs to: Maths Simple Interest

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