A sum of Rs. 144000 amounts to Rs. 201600 in 5 years at simple interest. The rate is MCQ with Answer and Explanation

Question

Share Report Error

A sum of Rs. 144000 amounts to Rs. 201600 in 5 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 6%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 57600. R = (57600 × 100)/(144000 × 5) = 8%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1674000 for 3 years at 42% per annum is

A. Rs. 2112640

B. Rs. 2113040

C. Rs. 2113240

D. Rs. 2112840

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (1674000 × 42 × 3)/100 = 2112840.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 705600 SI in 9 years at 8%

A. Rs. 981000

B. Rs. 978000

C. Rs. 979000

D. Rs. 980000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (705600 * 100)/(8 * 9) = 980000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3375000 amounts to Rs. 4725000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 8%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1350000. R = (1350000 × 100)/(3375000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs