In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest? MCQ with Answer and Explanation

Question

Share Report Error

In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

Answer: Option B

Solution (By JKExamLibrary)

SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 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

A sum of Rs. 180000 amounts to Rs. 252000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 72000. R = (72000 × 100)/(180000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2835000 amounts to Rs. 3969000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1134000. R = (1134000 × 100)/(2835000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum amounts to Rs. 43200 in 5 years at 6% SI. Principal

A. Rs. 33600

B. Rs. 32600

C. Rs. 34600

D. Rs. 31600

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 9600. P = 43200 - 9600 = 33600.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs