Years for Rs. 266000 at 8% to give Rs. 127680 interest MCQ with Answer and Explanation

Years for Rs. 266000 at 8% to give Rs. 127680 interest
A. 4 years
B. 6 years
C. 7 years
D. 5 years
Answer: Option B
Solution (By JKSSB Mock Tests)
T = (127680 * 100)/(266000 * 8) = 6 years.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 4536000 amount to Rs. 6350400 at 8% simple interest?
A. 7 years
B. 5 years
C. 6 years
D. 4 years

Correct Answer: Option B


Explanation:
SI = 1814400. T = (1814400 × 100)/(4536000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
In how many years will Rs. 2331000 amount to Rs. 3263400 at 8% simple interest?
A. 6 years
B. 5 years
C. 4 years
D. 7 years

Correct Answer: Option B


Explanation:
SI = 932400. T = (932400 × 100)/(2331000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3
Rate for Rs. 49000 to become Rs. 63700 in 3 years SI
A. 8%
B. 10%
C. 12%
D. 9%

Correct Answer: Option B


Explanation:
SI = 14700. R = (14700 * 100)/(49000 * 3) = 10%.

This question belongs to: Maths Simple Interest