Time for Rs. 448000 at 13% to amount Rs. 627200 MCQ with Answer and Explanation

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Time for Rs. 448000 at 13% to amount Rs. 627200

A. 4 years

B. 3 years

C. 6 years

D. 5 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 179200. T = (179200 * 100)/(448000 * 13) = 4 years.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 963000 amounts to Rs. 1251900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 288900. R = (288900 × 100)/(963000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 5000 becomes Rs. 6200 in 3 years at simple interest. The rate percent per annum is

A. 10

B. 12

C. 8

D. 6

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Correct Answer: Option C

Explanation:
SI = 1200. R = (1200 × 100)/(5000 × 3) = 8%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 7776000 interest in 8 years at 30% SI is

A. Rs. 3240000

B. Rs. 3241000

C. Rs. 3239000

D. Rs. 3238000

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Correct Answer: Option A

Explanation:
P = (7776000 × 100)/(30 × 8) = 3240000.

This question belongs to: Maths Simple Interest

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