In how many years will Rs. 4626000 amount to Rs. 6476400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4626000 amount to Rs. 6476400 at 8% simple interest?

A. 4 years

B. 6 years

C. 5 years

D. 7 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1850400. T = (1850400 × 100)/(4626000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 3024000 for 3 years at 72% per annum is

A. Rs. 6533560

B. Rs. 6533760

C. Rs. 6533960

D. Rs. 6534160

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Correct Answer: Option B

Explanation:
SI = (3024000 × 72 × 3)/100 = 6533760.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1557000 for 2 years at 42% per annum is

A. Rs. 1308280

B. Rs. 1307680

C. Rs. 1307880

D. Rs. 1308080

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Correct Answer: Option C

Explanation:
SI = (1557000 × 42 × 2)/100 = 1307880.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 87500 for 3 years at 10%

A. Rs. 26250

B. Rs. 26450

C. Rs. 26050

D. Rs. 26650

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Correct Answer: Option A

Explanation:
SI = (87500 * 10 * 3)/100 = 26250.

This question belongs to: Maths Simple Interest

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