A sum of Rs. 90000 amounts to Rs. 126000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation

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A sum of Rs. 90000 amounts to Rs. 126000 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 = 36000. R = (36000 × 100)/(90000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 5644800 interest in 9 years at 22% SI is

A. Rs. 2846000

B. Rs. 2849000

C. Rs. 2848000

D. Rs. 2847000

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Correct Answer: Option C

Explanation:
P = (5644800 × 100)/(22 × 9) = 2848000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 234000 amounts to Rs. 327600 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 93600. R = (93600 × 100)/(234000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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