In how many years will Rs. 4176000 amount to Rs. 5846400 at 8% simple interest? MCQ with Answer and Explanation

In how many years will Rs. 4176000 amount to Rs. 5846400 at 8% simple interest?
A. 4 years
B. 6 years
C. 5 years
D. 7 years
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 1670400. T = (1670400 × 100)/(4176000 × 8) = 5 years.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 2484000 for 3 years at 60% per annum is
A. Rs. 4471000
B. Rs. 4471600
C. Rs. 4471200
D. Rs. 4471400

Correct Answer: Option C


Explanation:
SI = (2484000 × 60 × 3)/100 = 4471200.

This question belongs to: Maths Simple Interest
Question #2
SI on Rs. 227500 for 5 years at 7%
A. Rs. 79425
B. Rs. 79625
C. Rs. 80025
D. Rs. 79825

Correct Answer: Option B


Explanation:
SI = (227500 * 7 * 5)/100 = 79625.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 1314000 for 3 years at 34% per annum is
A. Rs. 1340480
B. Rs. 1340680
C. Rs. 1340280
D. Rs. 1340080

Correct Answer: Option C


Explanation:
SI = (1314000 × 34 × 3)/100 = 1340280.

This question belongs to: Maths Simple Interest