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. 5 years

B. 6 years

C. 3 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 rate at which Rs. 873000 amounts to Rs. 1134900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 261900. R = (261900 × 100)/(873000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 75600 interest in 6 years at 7% SI is

A. Rs. 179000

B. Rs. 181000

C. Rs. 180000

D. Rs. 178000

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Correct Answer: Option C

Explanation:
P = (75600 × 100)/(7 × 6) = 180000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 18144000 interest in 8 years at 48% SI is

A. Rs. 4723000

B. Rs. 4724000

C. Rs. 4725000

D. Rs. 4726000

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Correct Answer: Option C

Explanation:
P = (18144000 × 100)/(48 × 8) = 4725000.

This question belongs to: Maths Simple Interest

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