Rate for Rs. 329000 to Rs. 427700 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 329000 to Rs. 427700 in 3 years SI

A. 12%

B. 9%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 98700. R = (98700 * 100)/(329000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 2808000 amounts to Rs. 3650400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 842400. R = (842400 × 100)/(2808000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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A sum of Rs. 25000 amounts to Rs. 32500 in 3 years at simple interest. The rate is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 7500. R = (7500 × 100)/(25000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

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Years for Rs. 378000 at 11% to give Rs. 249480 interest

A. 4 years

B. 7 years

C. 5 years

D. 6 years

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Correct Answer: Option D

Explanation:
T = (249480 * 100)/(378000 * 11) = 6 years.

This question belongs to: Maths Simple Interest

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