A sum of Rs. 17769 amounts to Rs. 28963 in 9 years at simple interest. Rate is MCQ with Answer and Explanation

A sum of Rs. 17769 amounts to Rs. 28963 in 9 years at simple interest. Rate is
A. 9%
B. 6%
C. 10%
D. 7%
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = 11194. R = (11194 * 100)/(17769 * 9) = 7%.

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Practice More Simple Interest Questions

Question #1
The sum giving Rs. 25200 SI in 7 years at 8%
A. Rs. 46000
B. Rs. 44000
C. Rs. 45000
D. Rs. 43000

Correct Answer: Option C


Explanation:
P = (25200 * 100)/(8 * 7) = 45000.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 13500000 interest in 8 years at 40% SI is
A. Rs. 4217750
B. Rs. 4219750
C. Rs. 4218750
D. Rs. 4216750

Correct Answer: Option C


Explanation:
P = (13500000 × 100)/(40 × 8) = 4218750.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 3924000 for 3 years at 92% per annum is
A. Rs. 10833840
B. Rs. 10834240
C. Rs. 10833640
D. Rs. 10834040

Correct Answer: Option A


Explanation:
SI = (3924000 × 92 × 3)/100 = 10833840.

This question belongs to: Maths Simple Interest