A sum of Rs. 50300 amounts to Rs. 77965 in 5 years at simple interest. The rate is MCQ with Answer and Explanation

Question

Share Report Error

A sum of Rs. 50300 amounts to Rs. 77965 in 5 years at simple interest. The rate is

A. 11%

B. 12%

C. 10%

D. 13%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 27665. R = (27665 × 100)/(50300 × 5) = 11%.

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

The rate at which Rs. 2088000 amounts to Rs. 2714400 in 3 years 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 = 626400. R = (626400 × 100)/(2088000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 383400. R = (383400 × 100)/(1278000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2655000 amounts to Rs. 3717000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1062000. R = (1062000 × 100)/(2655000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs