In how many years will Rs. 1926000 amount to Rs. 2696400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 1926000 amount to Rs. 2696400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 770400. T = (770400 × 100)/(1926000 × 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

Time for Rs. 140000 at 9% to amount Rs. 196000

A. 5 years

B. 4 years

C. 6 years

D. 3 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 56000. T = (56000 * 100)/(140000 * 9) = 4 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 6476400 interest in 9 years at 23% SI is

A. Rs. 3119000

B. Rs. 3118000

C. Rs. 3120000

D. Rs. 3121000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (6476400 × 100)/(23 × 9) = 3120000.

This question belongs to: Maths Simple Interest

Question #3

Rate when Rs. 98000 amounts to Rs. 127400 in 3 years

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 29400. R = (29400 * 100)/(98000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs