Time for Rs. 18000 to amount Rs. 25200 at 8% SI MCQ with Answer and Explanation

Question
Time for Rs. 18000 to amount Rs. 25200 at 8% SI
A. 7 years
B. 4 years
C. 5 years
D. 6 years
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 7200. T = (7200 * 100)/(18000 * 8) = 5 years.
This question belongs to: Maths Simple Interest
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Question #1
The rate at which Rs. 2673000 amounts to Rs. 3474900 in 3 years is
A. 10%
B. 9%
C. 8%
D. 12%
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Correct Answer: Option A

Explanation:
SI = 802000 approx adjusted 10%.
This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 621000 amount to Rs. 869400 at 8% simple interest?
A. 7 years
B. 4 years
C. 5 years
D. 6 years
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Correct Answer: Option C

Explanation:
SI = 248400. T = (248400 × 100)/(621000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 14040000 interest in 8 years at 41% SI is
A. Rs. 4274000
B. Rs. 4276000
C. Rs. 4275000
D. Rs. 4273000
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Correct Answer: Option C

Explanation:
P = (14040000 × 100)/(41 × 8) = 4275000.
This question belongs to: Maths Simple Interest
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