In how many years will Rs. 4221000 amount to Rs. 5909400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4221000 amount to Rs. 5909400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1688400. T = (1688400 × 100)/(4221000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 428400 interest in 9 years at 11% SI is

A. Rs. 432000

B. Rs. 431000

C. Rs. 433000

D. Rs. 430000

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Correct Answer: Option A

Explanation:
P = (428400 × 100)/(11 × 9) = 432000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2889000 for 3 years at 69% per annum is

A. Rs. 5982030

B. Rs. 5982230

C. Rs. 5981830

D. Rs. 5982430

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Correct Answer: Option A

Explanation:
SI = (2889000 × 69 × 3)/100 = 5982030.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 143500 for 2 years at 14%

A. Rs. 40580

B. Rs. 39980

C. Rs. 40380

D. Rs. 40180

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Correct Answer: Option D

Explanation:
SI = (143500 * 14 * 2)/100 = 40180.

This question belongs to: Maths Simple Interest

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