In how many years will Rs. 1701000 amount to Rs. 2381400 at 8% simple interest? MCQ with Answer and Explanation
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Question #1
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In how many years will Rs. 2106000 amount to Rs. 2948400 at 8% simple interest?
Correct Answer: Option B
Explanation:
SI = 842400. T = (842400 × 100)/(2106000 × 8) = 5 years.
SI = 842400. T = (842400 × 100)/(2106000 × 8) = 5 years.
This question belongs to:
Maths
Simple Interest
Question #2
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In how many years will Rs. 28000 amount to Rs. 39200 at 8% simple interest?
Correct Answer: Option D
Explanation:
SI = 11200. T = (11200 × 100)/(28000 × 8) = 5 years.
SI = 11200. T = (11200 × 100)/(28000 × 8) = 5 years.
This question belongs to:
Maths
Simple Interest
Question #3
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A sum of Rs. 405000 amounts to Rs. 567000 in 4 years at simple interest. The rate is
Correct Answer: Option D
Explanation:
SI = 162000. R = (162000 × 100)/(405000 × 4) = 10%.
SI = 162000. R = (162000 × 100)/(405000 × 4) = 10%.
This question belongs to:
Maths
Simple Interest
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