In how many years will Rs. 459000 amount to Rs. 642600 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 459000 amount to Rs. 642600 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 183600. T = (183600 × 100)/(459000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 171000 amount to Rs. 239400 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 68400. T = (68400 × 100)/(171000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 21000 amount to Rs. 29400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

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Correct Answer: Option C

Explanation:
SI = 8400. T = (8400 * 100)/(21000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2547000 for 2 years at 64% per annum is

A. Rs. 3258520

B. Rs. 3258920

C. Rs. 3259120

D. Rs. 3258720

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Correct Answer: Option D

Explanation:
SI = (2547000 × 64 × 2)/100 = 3258720.

This question belongs to: Maths Simple Interest

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