In how many years will Rs. 4446000 amount to Rs. 6224400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4446000 amount to Rs. 6224400 at 8% simple interest?

A. 4 years

B. 6 years

C. 7 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 1778400. T = (1778400 × 100)/(4446000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Rate for Rs. 42000 to Rs. 54600 in 3 years SI

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 12600. R = (12600 * 100)/(42000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4419000 for 3 years at 103% per annum is

A. Rs. 13666610

B. Rs. 13666410

C. Rs. 13666210

D. Rs. 13666810

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Correct Answer: Option B

Explanation:
SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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