In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1346400. T = (1346400 × 100)/(3366000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1332000 for 2 years at 37% per annum is

A. Rs. 985680

B. Rs. 986080

C. Rs. 985880

D. Rs. 985480

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Correct Answer: Option A

Explanation:
SI = (1332000 × 37 × 2)/100 = 985680.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1188000 amounts to Rs. 1544400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 356400. R = (356400 × 100)/(1188000 × 3) = 10%.

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Question #3

Rate for Rs. 329000 to Rs. 427700 in 3 years SI

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 98700. R = (98700 * 100)/(329000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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