In how many years will Rs. 2646000 amount to Rs. 3704400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 2646000 amount to Rs. 3704400 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 = 1058400. T = (1058400 × 100)/(2646000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 1476000 amount to Rs. 2066400 at 8% simple interest?

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 590400. T = (590400 × 100)/(1476000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 2241000 amount to Rs. 3137400 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 896400. T = (896400 × 100)/(2241000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 4410000 interest in 8 years at 22% SI is

A. Rs. 2498000

B. Rs. 2501000

C. Rs. 2500000

D. Rs. 2499000

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Correct Answer: Option C

Explanation:
P = (4410000 × 100)/(22 × 8) = 2500000.

This question belongs to: Maths Simple Interest

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