A sum of Rs. 18000 becomes Rs. 25200 in 4 years at SI. Rate is MCQ with Answer and Explanation

Question

Share Report Error

A sum of Rs. 18000 becomes Rs. 25200 in 4 years at SI. Rate is

A. 9%

B. 12%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 7200. R = (7200 × 100)/(18000 × 4) = 10%.

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

Share Report

In how many years will Rs. 1341000 amount to Rs. 1877400 at 8% simple interest?

A. 5 years

B. 4 years

C. 6 years

D. 7 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 536400. T = (536400 × 100)/(1341000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Share Report

In how many years will Rs. 1161000 amount to Rs. 1625400 at 8% simple interest?

A. 6 years

B. 7 years

C. 5 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 464400. T = (464400 × 100)/(1161000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Share Report

A sum of Rs. 585000 amounts to Rs. 819000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 234000. R = (234000 × 100)/(585000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs