Time for Rs. 336000 at 8% to amount Rs. 470400 MCQ with Answer and Explanation

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Time for Rs. 336000 at 8% to amount Rs. 470400

A. 7 years

B. 5 years

C. 4 years

D. 6 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 134400. T = (134400 * 100)/(336000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1584000 for 3 years at 40% per annum is

A. Rs. 1901000

B. Rs. 1900800

C. Rs. 1900600

D. Rs. 1901200

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Correct Answer: Option B

Explanation:
SI = (1584000 × 40 × 3)/100 = 1900800.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 234000 amounts to Rs. 304200 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 70200. R = (70200 × 100)/(234000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 891000 amount to Rs. 1247400 at 8% simple interest?

A. 4 years

B. 6 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 356400. T = (356400 × 100)/(891000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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