In how many years will Rs. 387000 amount to Rs. 541800 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 387000 amount to Rs. 541800 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 = 154800. T = (154800 × 100)/(387000 × 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 rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 963900. R = (963900 × 100)/(3213000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal

A. Rs. 106000

B. Rs. 107000

C. Rs. 109000

D. Rs. 108000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 47520. P = 155520 - 47520 = 108000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 136500 for 3 years at 11%

A. Rs. 44845

B. Rs. 45045

C. Rs. 45445

D. Rs. 45245

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (136500 * 11 * 3)/100 = 45045.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs