In how many years will Rs. 3276000 amount to Rs. 4586400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3276000 amount to Rs. 4586400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

Answer: Option C

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4383000 amounts to Rs. 5697900 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1314900. R = (1314900 × 100)/(4383000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3168000 amounts to Rs. 4118400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 950400. R = (950400 × 100)/(3168000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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