Years for Rs. 42000 at 7% to give Rs. 11760 interest MCQ with Answer and Explanation

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

A. 3 years

B. 4 years

C. 6 years

D. 5 years

Answer: Option B

Solution (By JKExamLibrary)

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

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Rate of SI if principal Rs. 28000 gives Rs. 6720 in 3 years

A. 10%

B. 7%

C. 6%

D. 8%

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Correct Answer: Option D

Explanation:
R = (6720 * 100)/(28000 * 3) = 8%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Years for Rs. 22000 to give Rs. 6600 interest at 5% SI

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option D

Explanation:
T = (6600 * 100)/(22000 * 5) = 6 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 16500 for 4 years at 10%

A. Rs. 6400

B. Rs. 6800

C. Rs. 6600

D. Rs. 7000

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Correct Answer: Option C

Explanation:
SI = (16500 * 10 * 4)/100 = 6600.

This question belongs to: Maths Simple Interest

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