Rate for Rs. 49000 to become Rs. 63700 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 49000 to become Rs. 63700 in 3 years SI

A. 10%

B. 12%

C. 8%

D. 9%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 14700. R = (14700 * 100)/(49000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum at 9% SI for 5 years amounts to Rs. 126000. Principal

A. Rs. 82000

B. Rs. 83000

C. Rs. 85000

D. Rs. 84000

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Correct Answer: Option D

Explanation:
SI = 42000. P = 126000 - 42000 = 84000.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1935000 amounts to Rs. 2709000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 774000. R = (774000 × 100)/(1935000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 1899000 for 3 years at 47% per annum is

A. Rs. 2678470

B. Rs. 2678070

C. Rs. 2678270

D. Rs. 2677870

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Correct Answer: Option B

Explanation:
SI = (1899000 × 47 × 3)/100 = 2678070.

This question belongs to: Maths Simple Interest

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