In how many years will Rs. 666000 amount to Rs. 932400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 666000 amount to Rs. 932400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 266400. T = (266400 × 100)/(666000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Years for Rs. 210000 at 9% to give Rs. 113400 interest

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option A

Explanation:
T = (113400 * 100)/(210000 * 9) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 383400. R = (383400 × 100)/(1278000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 3351600 interest in 8 years at 19% SI is

A. Rs. 2203000

B. Rs. 2206000

C. Rs. 2204000

D. Rs. 2205000

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Correct Answer: Option D

Explanation:
P = (3351600 × 100)/(19 × 8) = 2205000.

This question belongs to: Maths Simple Interest

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