Years for Rs. 27000 at 6% to give Rs. 9720 interest MCQ with Answer and Explanation

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Years for Rs. 27000 at 6% to give Rs. 9720 interest

A. 4 years

B. 7 years

C. 6 years

D. 5 years

Answer: Option C

Solution (By JKExamLibrary)

T = (9720 * 100)/(27000 * 6) = 6 years.

This question belongs to: Maths Simple Interest

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Question #1

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The principal that gives Rs. 529200 interest in 8 years at 9% SI is

A. Rs. 733000

B. Rs. 734000

C. Rs. 736000

D. Rs. 735000

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Correct Answer: Option D

Explanation:
P = (529200 × 100)/(9 × 8) = 735000.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 261000 amount to Rs. 365400 at 8% simple interest?

A. 4 years

B. 5 years

C. 6 years

D. 7 years

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Correct Answer: Option B

Explanation:
SI = 104400. T = (104400 × 100)/(261000 × 8) = 5 years.

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Question #3

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In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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