In how many years will Rs. 5000 amount to Rs. 6500 at 6% simple interest per annum? MCQ with Answer and Explanation

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In how many years will Rs. 5000 amount to Rs. 6500 at 6% simple interest per annum?

A. 6 years

B. 4 years

C. 5 years

D. 3 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1500. T = (1500 × 100)/(5000 × 6) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 8053200 interest in 9 years at 25% SI is

A. Rs. 3579000

B. Rs. 3581000

C. Rs. 3578000

D. Rs. 3580000

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Correct Answer: Option D

Explanation:
P = (8053200 × 100)/(25 × 9) = 3580000.

This question belongs to: Maths Simple Interest

Question #2

SI on Rs. 227500 for 5 years at 7%

A. Rs. 79625

B. Rs. 79825

C. Rs. 79425

D. Rs. 80025

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Correct Answer: Option A

Explanation:
SI = (227500 * 7 * 5)/100 = 79625.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 558900. R = (558900 × 100)/(1863000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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