Rate for Rs. 112000 to Rs. 145600 in 4 years SI MCQ with Answer and Explanation

Rate for Rs. 112000 to Rs. 145600 in 4 years SI
A. 8%
B. 9%
C. 7.5%
D. 6%
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 33600. R = (33600 * 100)/(112000 * 4) = 7.5%.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 4086000 amount to Rs. 5720400 at 8% simple interest?
A. 4 years
B. 7 years
C. 6 years
D. 5 years

Correct Answer: Option D


Explanation:
SI = 1634400. T = (1634400 × 100)/(4086000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2
A sum at 5% SI for 7 years amounts to Rs. 46200. Principal
A. Rs. 33000
B. Rs. 31000
C. Rs. 34000
D. Rs. 32000

Correct Answer: Option A


Explanation:
SI = 13200. P = 46200 - 13200 = 33000.

This question belongs to: Maths Simple Interest
Question #3
Rate percent when Rs. 30000 becomes Rs. 39000 in 3 years SI
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 9000. R = (9000 * 100)/(30000 * 3) = 10%.

This question belongs to: Maths Simple Interest