Rate for Rs. 42000 to Rs. 54600 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 42000 to Rs. 54600 in 3 years SI

A. 9%

B. 10%

C. 12%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 12600. R = (12600 * 100)/(42000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 252000 amounts to Rs. 352800 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 100800. R = (100800 × 100)/(252000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 684000 for 3 years at 20% per annum is

A. Rs. 410800

B. Rs. 410400

C. Rs. 410200

D. Rs. 410600

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Correct Answer: Option B

Explanation:
SI = (684000 × 20 × 3)/100 = 410400.

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Question #3

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Simple interest on Rs. 1782000 for 2 years at 47% per annum is

A. Rs. 1675280

B. Rs. 1675080

C. Rs. 1675480

D. Rs. 1674880

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Correct Answer: Option B

Explanation:
SI = (1782000 × 47 × 2)/100 = 1675080.

This question belongs to: Maths Simple Interest

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