In how many years will Rs. 4311000 amount to Rs. 6035400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4311000 amount to Rs. 6035400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1724400. T = (1724400 × 100)/(4311000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 2916000 amount to Rs. 4082400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1166400. T = (1166400 × 100)/(2916000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 936000 amount to Rs. 1310400 at 8% simple interest?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 374400. T = (374400 × 100)/(936000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1737000 for 2 years at 46% per annum is

A. Rs. 1598440

B. Rs. 1598240

C. Rs. 1598040

D. Rs. 1597840

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Correct Answer: Option C

Explanation:
SI = (1737000 × 46 × 2)/100 = 1598040.

This question belongs to: Maths Simple Interest

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