Time for Rs. 224000 at 8% to amount Rs. 313600 MCQ with Answer and Explanation

Time for Rs. 224000 at 8% to amount Rs. 313600
A. 4 years
B. 6 years
C. 5 years
D. 7 years
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 89600. T = (89600 * 100)/(224000 * 8) = 5 years.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 14976000 interest in 9 years at 36% SI is
A. Rs. 4621000
B. Rs. 4620000
C. Rs. 4618000
D. Rs. 4619000

Correct Answer: Option B


Explanation:
P = (14976000 × 100)/(36 × 9) = 4620000.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 4248000 amounts to Rs. 5522400 in 3 years is
A. 9%
B. 10%
C. 8%
D. 12%

Correct Answer: Option B


Explanation:
SI = 1274400. R = (1274400 × 100)/(4248000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 14688000 interest in 8 years at 43% SI is
A. Rs. 4274000
B. Rs. 4273000
C. Rs. 4275000
D. Rs. 4276000

Correct Answer: Option C


Explanation:
P = (14688000 × 100)/(43 × 8) = 4275000.

This question belongs to: Maths Simple Interest