In how many years will Rs. 3501000 amount to Rs. 4901400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 3501000 amount to Rs. 4901400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 1400400. T = (1400400 × 100)/(3501000 × 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. 10627200 interest in 8 years at 35% SI is

A. Rs. 3801000

B. Rs. 3798000

C. Rs. 3800000

D. Rs. 3799000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (10627200 × 100)/(35 × 8) = 3800000.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 369600 SI in 8 years at 11%

A. Rs. 420000

B. Rs. 421000

C. Rs. 418000

D. Rs. 419000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (369600 * 100)/(11 * 8) = 420000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 164500 for 2 years at 15%

A. Rs. 49550

B. Rs. 49150

C. Rs. 49750

D. Rs. 49350

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (164500 * 15 * 2)/100 = 49350.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs