In how many years will Rs. 3681000 amount to Rs. 5153400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3681000 amount to Rs. 5153400 at 8% simple interest?

A. 6 years

B. 5 years

C. 7 years

D. 4 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1472400. T = (1472400 × 100)/(3681000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3879000 for 3 years at 91% per annum is

A. Rs. 10601330

B. Rs. 10600930

C. Rs. 10601130

D. Rs. 10601530

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Correct Answer: Option C

Explanation:
SI = (3879000 × 91 × 3)/100 = 10601130.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 343000 amounts to Rs. 445900 in 3 years

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 102900. R = (102900 * 100)/(343000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1854000 for 3 years at 46% per annum is

A. Rs. 2558920

B. Rs. 2558520

C. Rs. 2558720

D. Rs. 2558320

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Correct Answer: Option B

Explanation:
SI = (1854000 × 46 × 3)/100 = 2558520.

This question belongs to: Maths Simple Interest

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