In how many years will Rs. 936000 amount to Rs. 1310400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 936000 amount to Rs. 1310400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 374400. T = (374400 × 100)/(936000 × 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. 15000 for 4 years at 8% is

A. Rs. 4600

B. Rs. 5000

C. Rs. 4800

D. Rs. 5200

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Correct Answer: Option C

Explanation:
SI = (15000 × 8 × 4)/100 = 4800.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 756000 amount to Rs. 1058400 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 302400. T = (302400 × 100)/(756000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 72000 for 3 years at 10% per annum is

A. Rs. 21400

B. Rs. 22000

C. Rs. 21600

D. Rs. 21800

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Correct Answer: Option C

Explanation:
SI = (72000 × 10 × 3)/100 = 21600.

This question belongs to: Maths Simple Interest

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