Years for Rs. 406000 at 10% to give Rs. 243600 interest MCQ with Answer and Explanation

Question

Share Report Error

Years for Rs. 406000 at 10% to give Rs. 243600 interest

A. 5 years

B. 4 years

C. 6 years

D. 7 years

Answer: Option C

Solution (By JKSSB Mock Tests)

T = (243600 * 100)/(406000 * 10) = 6 years.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Principal for Rs. 201600 interest in 9 years at 8%

A. Rs. 279000

B. Rs. 281000

C. Rs. 280000

D. Rs. 278000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (201600 * 100)/(8 * 9) = 280000.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 603000 amount to Rs. 844200 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 241200. T = (241200 × 100)/(603000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 87500 for 3 years at 10%

A. Rs. 26650

B. Rs. 26250

C. Rs. 26050

D. Rs. 26450

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (87500 * 10 * 3)/100 = 26250.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs