Rate when Rs. 147000 amounts to Rs. 191100 in 3 years MCQ with Answer and Explanation

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Rate when Rs. 147000 amounts to Rs. 191100 in 3 years

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 44100. R = (44100 * 100)/(147000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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In how many years will Rs. 2871000 amount to Rs. 4019400 at 8% simple interest?

A. 6 years

B. 4 years

C. 5 years

D. 7 years

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Correct Answer: Option C

Explanation:
SI = 1148400. T = (1148400 × 100)/(2871000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 4527000 for 2 years at 106% per annum is

A. Rs. 9603240

B. Rs. 9603640

C. Rs. 9603040

D. Rs. 9603440

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Correct Answer: Option A

Explanation:
SI = (4527000 × 106 × 2)/100 = 9603240.

This question belongs to: Maths Simple Interest

Question #3

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In how many years will Rs. 1566000 amount to Rs. 2192400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 626400. T = (626400 × 100)/(1566000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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