In how many years will Rs. 819000 amount to Rs. 1146600 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 819000 amount to Rs. 1146600 at 8% simple interest?

A. 7 years

B. 4 years

C. 5 years

D. 6 years

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 327600. T = (327600 × 100)/(819000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 288000 amounts to Rs. 374400 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 86400. R = (86400 × 100)/(288000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum at 4% SI for 8 years amounts to Rs. 67200. Principal

A. Rs. 46000

B. Rs. 49000

C. Rs. 48000

D. Rs. 47000

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Correct Answer: Option C

Explanation:
SI = 19200. P = 67200 - 19200 = 48000.

This question belongs to: Maths Simple Interest

Question #3

A sum at 11% SI for 4 years amounts to Rs. 41800. Principal

A. Rs. 28000

B. Rs. 27000

C. Rs. 26000

D. Rs. 29000

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Correct Answer: Option A

Explanation:
SI = 13800. P = 41800 - 13800 = 28000.

This question belongs to: Maths Simple Interest

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