In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1148400. T = (1148400 × 100)/(2871000 × 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

The principal that gives Rs. 16128000 interest in 9 years at 37% SI is

A. Rs. 4835500

B. Rs. 4838500

C. Rs. 4836500

D. Rs. 4837500

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (16128000 × 100)/(37 × 9) = 4837500.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 27500 for 2 years at 11% per annum is

A. Rs. 5850

B. Rs. 6450

C. Rs. 6050

D. Rs. 6250

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (27500 * 11 * 2)/100 = 6050.

This question belongs to: Maths Simple Interest

Question #3

Time for Rs. 308000 at 10% to amount Rs. 431200

A. 5 years

B. 3 years

C. 4 years

D. 6 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 123200. T = (123200 * 100)/(308000 * 10) = 4 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs