In how many years will Rs. 4266000 amount to Rs. 5972400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 4266000 amount to Rs. 5972400 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 = 1706400. T = (1706400 × 100)/(4266000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Rate when Rs. 371000 amounts to Rs. 482300 in 3 years

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 111300. R = (111300 * 100)/(371000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1449000 for 3 years at 37% per annum is

A. Rs. 1608370

B. Rs. 1607970

C. Rs. 1608170

D. Rs. 1607770

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (1449000 × 37 × 3)/100 = 1607970.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 6710400 interest in 8 years at 28% SI is

A. Rs. 2998000

B. Rs. 3000000

C. Rs. 2999000

D. Rs. 3001000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (6710400 × 100)/(28 × 8) = 3000000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs