Time for Rs. 252000 at 9% to amount Rs. 352800 MCQ with Answer and Explanation

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Time for Rs. 252000 at 9% to amount Rs. 352800

A. 4 years

B. 5 years

C. 7 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 100800. T = (100800 * 100)/(252000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4329000 for 3 years at 101% per annum is

A. Rs. 13119170

B. Rs. 13118970

C. Rs. 13119370

D. Rs. 13118770

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Correct Answer: Option B

Explanation:
SI = (4329000 × 101 × 3)/100 = 13118970.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 262500 for 3 years at 20%

A. Rs. 157700

B. Rs. 157500

C. Rs. 157300

D. Rs. 157900

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Correct Answer: Option B

Explanation:
SI = (262500 * 20 * 3)/100 = 157500.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal

A. Rs. 106000

B. Rs. 108000

C. Rs. 107000

D. Rs. 109000

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Correct Answer: Option B

Explanation:
SI = 47520. P = 155520 - 47520 = 108000.

This question belongs to: Maths Simple Interest

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