A sum of Rs. 9000 amounts to Rs. 10800 in 4 years at simple interest. Rate of interest is MCQ with Answer and Explanation

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A sum of Rs. 9000 amounts to Rs. 10800 in 4 years at simple interest. Rate of interest is

A. 4%

B. 5%

C. 6%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1800. R = (1800 × 100)/(9000 × 4) = 5%.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 203000 amounts to Rs. 263900 in 3 years

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 60900. R = (60900 * 100)/(203000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

At what rate percent will Rs. 56000 give Rs. 16800 interest in 3 years?

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
R = (16800 × 100)/(56000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 4158000 amounts to Rs. 5405400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1247400. R = (1247400 × 100)/(4158000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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