A sum of Rs. 2340000 amounts to Rs. 3276000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation

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A sum of Rs. 2340000 amounts to Rs. 3276000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 936000. R = (936000 × 100)/(2340000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 1233000 amounts to Rs. 1602900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 369900. R = (369900 × 100)/(1233000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum amounts to Rs. 141120 in 6 years at 8% SI. Principal

A. Rs. 96000

B. Rs. 99000

C. Rs. 98000

D. Rs. 97000

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Correct Answer: Option C

Explanation:
SI = 43120. P = 141120 - 43120 = 98000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10%

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1301400 approx, R = 10%.

This question belongs to: Maths Simple Interest

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