In how many years will Rs. 36000 amount to Rs. 50400 at 10% simple interest? MCQ with Answer and Explanation

In how many years will Rs. 36000 amount to Rs. 50400 at 10% simple interest?
A. 4 years
B. 5 years
C. 3 years
D. 6 years
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = 14400. T = (14400 × 100)/(36000 × 10) = 4 years.

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Practice More Simple Interest Questions

Question #1
A sum of Rs. 900000 amounts to Rs. 1260000 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 12%
D. 9%

Correct Answer: Option B


Explanation:
SI = 360000. R = (360000 × 100)/(900000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 144000 amounts to Rs. 187200 in 3 years is
A. 8%
B. 10%
C. 12%
D. 9%

Correct Answer: Option B


Explanation:
SI = 43200. R = (43200 × 100)/(144000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 189000 for 2 years at 11% per annum is
A. Rs. 41980
B. Rs. 41380
C. Rs. 41780
D. Rs. 41580

Correct Answer: Option D


Explanation:
SI = (189000 × 11 × 2)/100 = 41580.

This question belongs to: Maths Simple Interest