In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 99000 amount to Rs. 138600 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 39600. T = (39600 × 100)/(99000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 963000 amount to Rs. 1348200 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 = 385200. T = (385200 × 100)/(963000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 9907200 interest in 8 years at 33% SI is

A. Rs. 3748000

B. Rs. 3749000

C. Rs. 3750000

D. Rs. 3751000

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Correct Answer: Option C

Explanation:
P = (9907200 × 100)/(33 × 8) = 3750000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1335600 interest in 8 years at 13% SI is

A. Rs. 1285000

B. Rs. 1280000

C. Rs. 1277500

D. Rs. 1282500

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Correct Answer: Option D

Explanation:
P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest

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