At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years? MCQ with Answer and Explanation

Question

Share Report Error

At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years?

A. 4%

B. 6%

C. 5%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1500. R = (1500 × 100)/(7500 × 4) = 5%.

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. 486000 amounts to Rs. 631800 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 145800. R = (145800 × 100)/(486000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Principal for SI Rs. 3600 in 4 years at 9%

A. Rs. 10000

B. Rs. 9000

C. Rs. 11000

D. Rs. 8000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (3600 * 100)/(9 * 4) = 10000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 4942800 interest in 9 years at 20% SI is

A. Rs. 2745000

B. Rs. 2746000

C. Rs. 2747000

D. Rs. 2744000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (4942800 × 100)/(20 × 9) = 2746000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs