Time for Rs. 476000 at 15% to amount Rs. 666400 MCQ with Answer and Explanation

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Time for Rs. 476000 at 15% to amount Rs. 666400

A. 4 years

B. 3 years

C. 6 years

D. 5 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 190400. T = (190400 * 100)/(476000 * 15) = 4 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 873000 for 2 years at 30% per annum is

A. Rs. 524000

B. Rs. 523800

C. Rs. 524200

D. Rs. 523600

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Correct Answer: Option B

Explanation:
SI = (873000 × 30 × 2)/100 = 523800.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 5300400 interest in 9 years at 21% SI is

A. Rs. 2798000

B. Rs. 2800000

C. Rs. 2799000

D. Rs. 2801000

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Correct Answer: Option B

Explanation:
P = (5300400 × 100)/(21 × 9) = 2800000.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 37800 interest in 9 years at 5%

A. Rs. 82000

B. Rs. 85000

C. Rs. 84000

D. Rs. 83000

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Correct Answer: Option C

Explanation:
P = (37800 * 100)/(5 * 9) = 84000.

This question belongs to: Maths Simple Interest

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