In how many years will Rs. 32000 amount to Rs. 44800 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 32000 amount to Rs. 44800 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 = 12800. T = (12800 × 100)/(32000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Years for Rs. 294000 at 9% to give Rs. 158760 interest

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option A

Explanation:
T = (158760 * 100)/(294000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 837000 for 2 years at 29% per annum is

A. Rs. 485260

B. Rs. 485660

C. Rs. 485860

D. Rs. 485460

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Correct Answer: Option D

Explanation:
SI = (837000 × 29 × 2)/100 = 485460.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3087000 for 2 years at 76% per annum is

A. Rs. 4692440

B. Rs. 4692640

C. Rs. 4692240

D. Rs. 4692040

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Correct Answer: Option C

Explanation:
SI = (3087000 × 76 × 2)/100 = 4692240.

This question belongs to: Maths Simple Interest

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