The amount after 3 years on Rs. 14000 at 8% SI is MCQ with Answer and Explanation

The amount after 3 years on Rs. 14000 at 8% SI is
A. Rs. 17160
B. Rs. 17360
C. Rs. 17760
D. Rs. 17560
Answer: Option B
Solution (By JKExamLibrary)
SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
In how many years will Rs. 4491000 amount to Rs. 6287400 at 8% simple interest?
A. 4 years
B. 5 years
C. 6 years
D. 7 years

Correct Answer: Option B


Explanation:
SI = 1796400. T = (1796400 × 100)/(4491000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2 Report Error
In how many years will Rs. 207000 amount to Rs. 289800 at 8% simple interest?
A. 6 years
B. 5 years
C. 7 years
D. 4 years

Correct Answer: Option B


Explanation:
SI = 82800. T = (82800 × 100)/(207000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The principal that gives Rs. 5300400 interest in 9 years at 21% SI is
A. Rs. 2798000
B. Rs. 2800000
C. Rs. 2799000
D. Rs. 2801000

Correct Answer: Option B


Explanation:
P = (5300400 × 100)/(21 × 9) = 2800000.

This question belongs to: Maths Simple Interest