Rate for Rs. 357000 to Rs. 464100 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 357000 to Rs. 464100 in 3 years SI

A. 8%

B. 12%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 107100. R = (107100 * 100)/(357000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 427000 amounts to Rs. 555100 in 3 years

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 128100. R = (128100 * 100)/(427000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 464400. R = (464400 × 100)/(1548000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Rate when Rs. 343000 amounts to Rs. 445900 in 3 years

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 102900. R = (102900 * 100)/(343000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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