In how many years will Rs. 576000 amount to Rs. 806400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 576000 amount to Rs. 806400 at 8% simple interest?

A. 6 years

B. 5 years

C. 4 years

D. 7 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 230400. T = (230400 × 100)/(576000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

In how many years will Rs. 2466000 amount to Rs. 3452400 at 8% simple interest?

A. 7 years

B. 5 years

C. 6 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 986400. T = (986400 × 100)/(2466000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

A sum becomes Rs. 13500 in 3 years at 5% SI per annum. The principal is

A. Rs. 11000

B. Rs. 9000

C. Rs. 12000

D. Rs. 10000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Interest = 13500 - P. SI = (P × 5 × 3)/100 = 13500 - P. Solving gives P = 12000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 486000 amounts to Rs. 631800 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 145800. R = (145800 × 100)/(486000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs