In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1454400. T = (1454400 × 100)/(3636000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 2293200 interest in 8 years at 17% SI is

A. Rs. 1688500

B. Rs. 1685500

C. Rs. 1687500

D. Rs. 1686500

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Correct Answer: Option C

Explanation:
P = (2293200 × 100)/(17 × 8) = 1687500.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1152000 for 2 years at 33% per annum is

A. Rs. 760520

B. Rs. 760320

C. Rs. 760720

D. Rs. 760120

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Correct Answer: Option B

Explanation:
SI = (1152000 × 33 × 2)/100 = 760320.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3033000 amounts to Rs. 3942900 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 909900. R = (909900 × 100)/(3033000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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