In how many years will Rs. 2286000 amount to Rs. 3200400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 2286000 amount to Rs. 3200400 at 8% simple interest?

A. 4 years

B. 7 years

C. 5 years

D. 6 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 914400. T = (914400 × 100)/(2286000 × 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

In how many years will Rs. 423000 amount to Rs. 592200 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 169200. T = (169200 × 100)/(423000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 549000 for 3 years at 17% per annum is

A. Rs. 279990

B. Rs. 279790

C. Rs. 280190

D. Rs. 280390

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (549000 × 17 × 3)/100 = 279990.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 13078 for 4 years at 7% per annum is

A. Rs. 4161

B. Rs. 3511

C. Rs. 3661

D. Rs. 3861

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (13078 * 7 * 4)/100 = 3661.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs