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

Simple interest on Rs. 108500 for 4 years at 7%

A. Rs. 30180

B. Rs. 30780

C. Rs. 30580

D. Rs. 30380

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Correct Answer: Option D

Explanation:
SI = (108500 * 7 * 4)/100 = 30380.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 150500 for 4 years at 6%

A. Rs. 36120

B. Rs. 35920

C. Rs. 36320

D. Rs. 36520

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Correct Answer: Option A

Explanation:
SI = (150500 * 6 * 4)/100 = 36120.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 16500 for 4 years at 10%

A. Rs. 6800

B. Rs. 7000

C. Rs. 6600

D. Rs. 6400

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Correct Answer: Option C

Explanation:
SI = (16500 * 10 * 4)/100 = 6600.

This question belongs to: Maths Simple Interest

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