In how many years will Rs. 567000 amount to Rs. 793800 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 567000 amount to Rs. 793800 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 226800. T = (226800 × 100)/(567000 × 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. 189000 for 3 years at 9% per annum is

A. Rs. 51430

B. Rs. 50830

C. Rs. 51030

D. Rs. 51230

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Correct Answer: Option C

Explanation:
SI = (189000 × 9 × 3)/100 = 51030.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1080000 amounts to Rs. 1512000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 432000. R = (432000 × 100)/(1080000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 4437000 for 2 years at 104% per annum is

A. Rs. 9229360

B. Rs. 9229160

C. Rs. 9228960

D. Rs. 9228760

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Correct Answer: Option C

Explanation:
SI = (4437000 × 104 × 2)/100 = 9228960.

This question belongs to: Maths Simple Interest

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