In how many years will Rs. 4131000 amount to Rs. 5783400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4131000 amount to Rs. 5783400 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 = 1652400. T = (1652400 × 100)/(4131000 × 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. 2439000 for 3 years at 59% per annum is

A. Rs. 4314330

B. Rs. 4314130

C. Rs. 4314730

D. Rs. 4314530

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Correct Answer: Option A

Explanation:
SI = (2439000 × 59 × 3)/100 = 4314330.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 39600. T = (39600 × 100)/(99000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3978000 amounts to Rs. 5171400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 1193400. R = (1193400 × 100)/(3978000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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