In how many years will Rs. 783000 amount to Rs. 1096200 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 783000 amount to Rs. 1096200 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 = 313200. T = (313200 × 100)/(783000 × 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

SI on Rs. 36400 for 3 years at 11%

A. Rs. 12012

B. Rs. 12212

C. Rs. 11812

D. Rs. 12412

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (36400 * 11 * 3)/100 = 12012.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 4176000 amount to Rs. 5846400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1670400. T = (1670400 × 100)/(4176000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs