In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 3636000 amount to Rs. 5090400 at 8% simple interest?

A. 7 years

B. 5 years

C. 4 years

D. 6 years

Answer: Option B

Solution (By JKExamLibrary)

SI = 1454400. T = (1454400 × 100)/(3636000 × 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. 63000 interest in 7 years at 9% SI is

A. Rs. 101000

B. Rs. 99000

C. Rs. 98000

D. Rs. 100000

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Correct Answer: Option D

Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

At what rate will Rs. 28000 amount to Rs. 36400 in 5 years?

A. 8%

B. 6%

C. 7%

D. 5%

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Correct Answer: Option B

Explanation:
SI = 8400. R = (8400 × 100)/(28000 × 5) = 6%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 12693600 interest in 9 years at 33% SI is

A. Rs. 4281000

B. Rs. 4279000

C. Rs. 4278000

D. Rs. 4280000

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Correct Answer: Option D

Explanation:
P = (12693600 × 100)/(33 × 9) = 4280000.

This question belongs to: Maths Simple Interest

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