In how many years will Rs. 4536000 amount to Rs. 6350400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4536000 amount to Rs. 6350400 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1814400. T = (1814400 × 100)/(4536000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal

A. Rs. 12500

B. Rs. 13000

C. Rs. 11000

D. Rs. 12000

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Correct Answer: Option D

Explanation:
SI = 3600. P = 15600 - 3600 = 12000.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 35000 at 9% SI to amount Rs. 50750

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 15750. T = (15750 * 100)/(35000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2619000 for 3 years at 63% per annum is

A. Rs. 4952290

B. Rs. 4951890

C. Rs. 4951690

D. Rs. 4952090

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Correct Answer: Option B

Explanation:
SI = (2619000 × 63 × 3)/100 = 4951890.

This question belongs to: Maths Simple Interest

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