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. 5%

B. 8%

C. 4%

D. 6%

Answer: Option A

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

Simple interest on Rs. 18841 for 10 years at 9% per annum is

A. Rs. 16956

B. Rs. 16806

C. Rs. 17456

D. Rs. 17156

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (18841 * 9 * 10)/100 = 16956.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1368900. R = (1368900 × 100)/(4563000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 301000 to Rs. 391300 in 3 years SI

A. 9%

B. 8%

C. 10%

D. 12%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 90300. R = (90300 * 100)/(301000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs