In how many years will Rs. 2781000 amount to Rs. 3893400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 2781000 amount to Rs. 3893400 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1112400. T = (1112400 × 100)/(2781000 × 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. 3276000 amount to Rs. 4586400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1310400. T = (1310400 × 100)/(3276000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3177000 for 2 years at 78% per annum is

A. Rs. 4955920

B. Rs. 4956520

C. Rs. 4956320

D. Rs. 4956120

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (3177000 × 78 × 2)/100 = 4956120.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 604800 interest in 8 years at 12% SI is

A. Rs. 629000

B. Rs. 631000

C. Rs. 630000

D. Rs. 628000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (604800 × 100)/(12 × 8) = 630000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs