In how many years will Rs. 4000 amount to Rs. 5200 at 6% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4000 amount to Rs. 5200 at 6% simple interest?

A. 5 years

B. 4 years

C. 3 years

D. 6 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1200. T = (1200 × 100)/(4000 × 6) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The simple interest on a sum for 4 years at 9% is Rs. 10800. The principal is

A. Rs. 28000

B. Rs. 30000

C. Rs. 29000

D. Rs. 31000

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Correct Answer: Option B

Explanation:
P = (10800 × 100)/(9 × 4) = 30000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3402000 for 2 years at 83% per annum is

A. Rs. 5647120

B. Rs. 5647320

C. Rs. 5647520

D. Rs. 5647720

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Correct Answer: Option B

Explanation:
SI = (3402000 × 83 × 2)/100 = 5647320.

This question belongs to: Maths Simple Interest

Question #3

Time for Rs. 168000 at 6% to amount Rs. 235200

A. 8 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option C

Explanation:
SI = 67200. T = (67200 * 100)/(168000 * 6) = 7 years.

This question belongs to: Maths Simple Interest

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