In how many years will Rs. 4491000 amount to Rs. 6287400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 4491000 amount to Rs. 6287400 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1796400. T = (1796400 × 100)/(4491000 × 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

Simple interest on Rs. 1332000 for 2 years at 37% per annum is

A. Rs. 985880

B. Rs. 985680

C. Rs. 985480

D. Rs. 986080

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (1332000 × 37 × 2)/100 = 985680.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 315000 amounts to Rs. 441000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 126000. R = (126000 × 100)/(315000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1008000 amounts to Rs. 1310400 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 302400. R = (302400 × 100)/(1008000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs