In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3366000 amount to Rs. 4712400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

Answer: Option D

Solution (By JKExamLibrary)

SI = 1346400. T = (1346400 × 100)/(3366000 × 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. 25200 interest in 6 years at 7% SI is

A. Rs. 61000

B. Rs. 60000

C. Rs. 58000

D. Rs. 59000

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Correct Answer: Option B

Explanation:
P = (25200 × 100)/(7 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 1764000 for 3 years at 44% per annum is

A. Rs. 2328880

B. Rs. 2328680

C. Rs. 2328480

D. Rs. 2328280

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Correct Answer: Option C

Explanation:
SI = (1764000 × 44 × 3)/100 = 2328480.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 3960000 amounts to Rs. 5544000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1584000. R = (1584000 × 100)/(3960000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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