Rate for Rs. 245000 to Rs. 318500 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 245000 to Rs. 318500 in 3 years SI

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 73500. R = (73500 * 100)/(245000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 513000 amounts to Rs. 666900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 153900. R = (153900 × 100)/(513000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3159000 for 3 years at 75% per annum is

A. Rs. 7110950

B. Rs. 7110750

C. Rs. 7110550

D. Rs. 7111150

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Correct Answer: Option B

Explanation:
SI = (3159000 × 75 × 3)/100 = 7110750.

This question belongs to: Maths Simple Interest

Question #3

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The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 963900. R = (963900 × 100)/(3213000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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