Years for Rs. 378000 at 11% to give Rs. 249480 interest MCQ with Answer and Explanation

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Years for Rs. 378000 at 11% to give Rs. 249480 interest

A. 6 years

B. 5 years

C. 4 years

D. 7 years

Answer: Option A

Solution (By JKSSB Mock Tests)

T = (249480 * 100)/(378000 * 11) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 73500 for 2 years at 11%

A. Rs. 16170

B. Rs. 16370

C. Rs. 16570

D. Rs. 15970

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Correct Answer: Option A

Explanation:
SI = (73500 * 11 * 2)/100 = 16170.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 36000 amount to Rs. 50400 at 10% simple interest?

A. 5 years

B. 3 years

C. 6 years

D. 4 years

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Correct Answer: Option D

Explanation:
SI = 14400. T = (14400 × 100)/(36000 × 10) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 432000 for 3 years at 15% per annum is

A. Rs. 194200

B. Rs. 194800

C. Rs. 194600

D. Rs. 194400

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Correct Answer: Option D

Explanation:
SI = (432000 × 15 × 3)/100 = 194400.

This question belongs to: Maths Simple Interest

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