In how many years will Rs. 3276000 amount to Rs. 4586400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3276000 amount to Rs. 4586400 at 8% simple interest?

A. 6 years

B. 4 years

C. 7 years

D. 5 years

Answer: Option D

Solution (By JKExamLibrary)

SI = 1310400. T = (1310400 × 100)/(3276000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

The principal that gives Rs. 730800 interest in 8 years at 11% SI is

A. Rs. 828000

B. Rs. 829000

C. Rs. 830000

D. Rs. 831000

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Correct Answer: Option C

Explanation:
P = (730800 × 100)/(11 × 8) = 830000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2547000 for 2 years at 64% per annum is

A. Rs. 3259120

B. Rs. 3258520

C. Rs. 3258920

D. Rs. 3258720

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Correct Answer: Option D

Explanation:
SI = (2547000 × 64 × 2)/100 = 3258720.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum amounts to Rs. 15600 in 3 years at 8% SI. Principal

A. Rs. 13000

B. Rs. 11000

C. Rs. 12500

D. Rs. 12000

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 3600. P = 15600 - 3600 = 12000.

This question belongs to: Maths Simple Interest

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