In how many years will Rs. 1971000 amount to Rs. 2759400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 1971000 amount to Rs. 2759400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 788400. T = (788400 × 100)/(1971000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 3321000 amount to Rs. 4649400 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1328400. T = (1328400 × 100)/(3321000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3231000 amount to Rs. 4523400 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 1292400. T = (1292400 × 100)/(3231000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 2998800 interest in 8 years at 18% SI is

A. Rs. 2082500

B. Rs. 2083500

C. Rs. 2081500

D. Rs. 2080500

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Correct Answer: Option A

Explanation:
P = (2998800 × 100)/(18 × 8) = 2082500.

This question belongs to: Maths Simple Interest

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