A sum of Rs. 3330000 amounts to Rs. 4662000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation

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A sum of Rs. 3330000 amounts to Rs. 4662000 in 4 years at simple interest. The rate is

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1332000. R = (1332000 × 100)/(3330000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3654000 for 3 years at 86% per annum is

A. Rs. 9433320

B. Rs. 9433720

C. Rs. 9433120

D. Rs. 9433520

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Correct Answer: Option A

Explanation:
SI = (3654000 × 86 × 3)/100 = 9433320.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4464000 for 3 years at 104% per annum is

A. Rs. 13922320

B. Rs. 13921720

C. Rs. 13921920

D. Rs. 13922120

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Correct Answer: Option C

Explanation:
SI = (4464000 × 104 × 3)/100 = 13921920.

This question belongs to: Maths Simple Interest

Question #3

Rate when Rs. 259000 amounts to Rs. 336700 in 3 years

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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