Years for Rs. 154000 at 5% to give Rs. 46200 interest MCQ with Answer and Explanation

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Years for Rs. 154000 at 5% to give Rs. 46200 interest

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option B

Solution (By JKSSB Mock Tests)

T = (46200 * 100)/(154000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

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The simple interest on a sum of Rs. 8000 for 3 years at 5% per annum is

A. Rs. 1800

B. Rs. 1000

C. Rs. 1200

D. Rs. 1500

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Correct Answer: Option C

Explanation:
SI = (8000 × 5 × 3)/100 = 1200.

This question belongs to: Maths Simple Interest

Question #2

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SI on Rs. 241500 for 2 years at 19%

A. Rs. 92170

B. Rs. 91970

C. Rs. 91770

D. Rs. 91570

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Correct Answer: Option C

Explanation:
SI = (241500 * 19 * 2)/100 = 91770.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 1413000 amounts to Rs. 1836900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 423900. R = (423900 × 100)/(1413000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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