Time for Rs. 36000 at 5% to amount Rs. 46800 MCQ with Answer and Explanation

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Time for Rs. 36000 at 5% to amount Rs. 46800

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 10800. T = (10800 * 100)/(36000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

Rate if Rs. 56000 gives Rs. 16800 SI in 4 years

A. 9%

B. 8%

C. 7.5%

D. 6%

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Correct Answer: Option C

Explanation:
R = (16800 * 100)/(56000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 112000 for 2 years at 7% per annum is

A. Rs. 15480

B. Rs. 15680

C. Rs. 15880

D. Rs. 16080

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Correct Answer: Option B

Explanation:
SI = (112000 × 7 × 2)/100 = 15680.

This question belongs to: Maths Simple Interest

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