In how many years will Rs. 4176000 amount to Rs. 5846400 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 4176000 amount to Rs. 5846400 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

Answer: Option A

Solution (By JKExamLibrary)

SI = 1670400. T = (1670400 × 100)/(4176000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 2822400 interest in 9 years at 16% SI is

A. Rs. 1959000

B. Rs. 1958000

C. Rs. 1961000

D. Rs. 1960000

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Correct Answer: Option D

Explanation:
P = (2822400 × 100)/(16 × 9) = 1960000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1998000 amounts to Rs. 2597400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 599400. R = (599400 × 100)/(1998000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 8323200 interest in 8 years at 31% SI is

A. Rs. 3351000

B. Rs. 3350000

C. Rs. 3349000

D. Rs. 3348000

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Correct Answer: Option B

Explanation:
P = (8323200 × 100)/(31 × 8) = 3350000.

This question belongs to: Maths Simple Interest

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