In how many years will Rs. 3546000 amount to Rs. 4964400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3546000 amount to Rs. 4964400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 1418400. T = (1418400 × 100)/(3546000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 5124000 interest in 8 years at 24% SI is

A. Rs. 2667750

B. Rs. 2666750

C. Rs. 2669750

D. Rs. 2668750

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Correct Answer: Option D

Explanation:
P = (5124000 × 100)/(24 × 8) = 2668750.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 2646000 interest in 8 years at 17% SI is

A. Rs. 1941500

B. Rs. 1940500

C. Rs. 1942500

D. Rs. 1943500

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Correct Answer: Option C

Explanation:
P = (2646000 × 100)/(17 × 8) = 1942500.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 216000 for 3 years at 10% per annum is

A. Rs. 65000

B. Rs. 65200

C. Rs. 64800

D. Rs. 64600

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Correct Answer: Option C

Explanation:
SI = (216000 × 10 × 3)/100 = 64800.

This question belongs to: Maths Simple Interest

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