Rate for Rs. 469000 to Rs. 609700 in 3 years SI MCQ with Answer and Explanation

Question
Rate for Rs. 469000 to Rs. 609700 in 3 years SI
A. 9%
B. 10%
C. 12%
D. 8%
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 140700. R = (140700 * 100)/(469000 * 3) = 10%.
This question belongs to: Maths Simple Interest
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Question #1
The principal that gives Rs. 88200 interest in 7 years at 9% SI is
A. Rs. 141000
B. Rs. 140000
C. Rs. 138000
D. Rs. 139000
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Correct Answer: Option B

Explanation:
P = (88200 × 100)/(9 × 7) = 140000.
This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 1692000 for 2 years at 45% per annum is
A. Rs. 1523000
B. Rs. 1522600
C. Rs. 1522800
D. Rs. 1523200
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Correct Answer: Option C

Explanation:
SI = (1692000 × 45 × 2)/100 = 1522800.
This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 360000 amounts to Rs. 468000 in 3 years is
A. 10%
B. 9%
C. 8%
D. 12%
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Correct Answer: Option A

Explanation:
SI = 108000. R = (108000 × 100)/(360000 × 3) = 10%.
This question belongs to: Maths Simple Interest
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