Time for Rs. 48000 at 8% to amount Rs. 67200 MCQ with Answer and Explanation

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Time for Rs. 48000 at 8% to amount Rs. 67200

A. 5 years

B. 4 years

C. 6 years

D. 7 years

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 19200. T = (19200 * 100)/(48000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1

Years Rs. 28000 at 10% SI to give Rs. 8400 interest

A. 5 years

B. 3 years

C. 4 years

D. 2 years

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Correct Answer: Option B

Explanation:
T = (8400 * 100)/(28000 * 10) = 3 years.

This question belongs to: Maths Simple Interest

Question #2

A sum at 11% SI for 5 years amounts to Rs. 189000. Principal

A. Rs. 125000

B. Rs. 127000

C. Rs. 124000

D. Rs. 126000

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Correct Answer: Option D

Explanation:
SI = 63000. P = 189000 - 63000 = 126000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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