In how many years will Rs. 4086000 amount to Rs. 5720400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4086000 amount to Rs. 5720400 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1634400. T = (1634400 × 100)/(4086000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The interest on Rs. 35000 for 4 years at R% is Rs. 9800. R is

A. 8%

B. 9%

C. 6%

D. 7%

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Correct Answer: Option D

Explanation:
R = (9800 × 100)/(35000 × 4) = 7%.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 504000 SI in 9 years at 8%

A. Rs. 700000

B. Rs. 699000

C. Rs. 698000

D. Rs. 701000

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Correct Answer: Option A

Explanation:
P = (504000 * 100)/(8 * 9) = 700000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 4050000 amounts to Rs. 5670000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1620000. R = (1620000 × 100)/(4050000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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