Time for Rs. 308000 at 10% to amount Rs. 431200 MCQ with Answer and Explanation

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Time for Rs. 308000 at 10% to amount Rs. 431200

A. 3 years

B. 5 years

C. 6 years

D. 4 years

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 123200. T = (123200 * 100)/(308000 * 10) = 4 years.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 15552000 interest in 9 years at 36% SI is

A. Rs. 4799000

B. Rs. 4801000

C. Rs. 4800000

D. Rs. 4798000

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Correct Answer: Option C

Explanation:
P = (15552000 × 100)/(36 × 9) = 4800000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 513000 amounts to Rs. 666900 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 153900. R = (153900 × 100)/(513000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 28000 amounts to Rs. 36400 in 3 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 8400. R = (8400 × 100)/(28000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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