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

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

A. 8%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 1663200 interest in 9 years at 14% SI is

A. Rs. 1320000

B. Rs. 1318000

C. Rs. 1319000

D. Rs. 1321000

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Correct Answer: Option A

Explanation:
P = (1663200 × 100)/(14 × 9) = 1320000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 4233600 interest in 9 years at 19% SI is

A. Rs. 2480000

B. Rs. 2478000

C. Rs. 2479000

D. Rs. 2481000

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Correct Answer: Option A

Explanation:
P = (4233600 × 100)/(19 × 9) = 2480000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 180000 amounts to Rs. 252000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 72000. R = (72000 × 100)/(180000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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