In how many years will Rs. 4041000 amount to Rs. 5657400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4041000 amount to Rs. 5657400 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 = 1616400. T = (1616400 × 100)/(4041000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 1148400. T = (1148400 × 100)/(2871000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

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

This question belongs to: Maths Simple Interest

Question #3

Amount after 6 years on Rs. 25000 at 8% SI

A. Rs. 35000

B. Rs. 38000

C. Rs. 36000

D. Rs. 37000

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Correct Answer: Option D

Explanation:
SI = 12000. Amount = 37000.

This question belongs to: Maths Simple Interest

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