Rate for Rs. 35000 to become Rs. 45500 in 4 years SI MCQ with Answer and Explanation

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Rate for Rs. 35000 to become Rs. 45500 in 4 years SI

A. 9%

B. 7.5%

C. 8%

D. 6%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 10500. R = (10500 * 100)/(35000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 4113000 amounts to Rs. 5346900 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1233900. R = (1233900 × 100)/(4113000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Years for Rs. 182000 at 8% to give Rs. 87360 interest

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option D

Explanation:
T = (87360 * 100)/(182000 * 8) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3735000 amounts to Rs. 5229000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1494000. R = (1494000 × 100)/(3735000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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