A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation

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A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is

A. 12%

B. 10%

C. 9%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1476000. R = (1476000 × 100)/(3690000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 13759200 interest in 9 years at 34% SI is

A. Rs. 4499000

B. Rs. 4501000

C. Rs. 4498000

D. Rs. 4500000

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Correct Answer: Option D

Explanation:
P = (13759200 × 100)/(34 × 9) = 4500000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 12412800 interest in 8 years at 38% SI is

A. Rs. 4079000

B. Rs. 4080000

C. Rs. 4078000

D. Rs. 4081000

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Correct Answer: Option B

Explanation:
P = (12412800 × 100)/(38 × 8) = 4080000.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 161000 to Rs. 209300 in 3 years SI

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 48300. R = (48300 * 100)/(161000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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