In how many years will Rs. 567000 amount to Rs. 793800 at 8% simple interest? MCQ with Answer and Explanation

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In how many years will Rs. 567000 amount to Rs. 793800 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

Answer: Option D

Solution (By JKExamLibrary)

SI = 226800. T = (226800 × 100)/(567000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

Rate when Rs. 203000 amounts to Rs. 263900 in 3 years

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 60900. R = (60900 * 100)/(203000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 56000 for 2 years at 9% is

A. Rs. 10080

B. Rs. 10680

C. Rs. 9880

D. Rs. 10280

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Correct Answer: Option A

Explanation:
SI = (56000 × 9 × 2)/100 = 10080.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Years for Rs. 42000 at 7% to give Rs. 11760 interest

A. 5 years

B. 6 years

C. 3 years

D. 4 years

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Correct Answer: Option D

Explanation:
T = (11760 * 100)/(42000 * 7) = 4 years.

This question belongs to: Maths Simple Interest

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