Time for Rs. 392000 at 12% to amount Rs. 548800 MCQ with Answer and Explanation

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Time for Rs. 392000 at 12% to amount Rs. 548800

A. 4 years

B. 6 years

C. 5 years

D. 3 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 156800. T = (156800 * 100)/(392000 * 12) = 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. 9%

C. 12%

D. 10%

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Correct Answer: Option D

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

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4122000 for 2 years at 99% per annum is

A. Rs. 8161560

B. Rs. 8161960

C. Rs. 8161360

D. Rs. 8161760

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Correct Answer: Option A

Explanation:
SI = (4122000 × 99 × 2)/100 = 8161560.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3429000 for 3 years at 81% per annum is

A. Rs. 8333470

B. Rs. 8332870

C. Rs. 8333070

D. Rs. 8333270

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Correct Answer: Option C

Explanation:
SI = (3429000 × 81 × 3)/100 = 8333070.

This question belongs to: Maths Simple Interest

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