At what rate percent will Rs. 20100 give Rs. 5427 interest in 3 years? MCQ with Answer and Explanation

Question

Share Report Error

At what rate percent will Rs. 20100 give Rs. 5427 interest in 3 years?

A. 11%

B. 10%

C. 8%

D. 9%

Answer: Option D

Solution (By JKSSB Mock Tests)

R = (5427 × 100)/(20100 × 3) = 9%.

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. 36000 for 2 years at 11% per annum is

A. Rs. 7720

B. Rs. 7920

C. Rs. 8320

D. Rs. 8120

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (36000 × 11 × 2)/100 = 7920.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 3825000 amounts to Rs. 5355000 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 = 1530000. R = (1530000 × 100)/(3825000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 117000 for 2 years at 9% per annum is

A. Rs. 21060

B. Rs. 20860

C. Rs. 21260

D. Rs. 21460

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (117000 × 9 × 2)/100 = 21060.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs