Rate when Rs. 175000 amounts to Rs. 227500 in 3 years MCQ with Answer and Explanation

Rate when Rs. 175000 amounts to Rs. 227500 in 3 years
A. 9%
B. 10%
C. 8%
D. 12%
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 52500. R = (52500 * 100)/(175000 * 3) = 10%.

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Practice More Simple Interest Questions

Question #1
Rate for Rs. 112000 to Rs. 145600 in 4 years SI
A. 7.5%
B. 9%
C. 8%
D. 6%

Correct Answer: Option A


Explanation:
SI = 33600. R = (33600 * 100)/(112000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 201600 interest in 6 years at 7% SI is
A. Rs. 480000
B. Rs. 478000
C. Rs. 481000
D. Rs. 479000

Correct Answer: Option A


Explanation:
P = (201600 × 100)/(7 × 6) = 480000.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 15552000 interest in 9 years at 36% SI is
A. Rs. 4798000
B. Rs. 4800000
C. Rs. 4799000
D. Rs. 4801000

Correct Answer: Option B


Explanation:
P = (15552000 × 100)/(36 × 9) = 4800000.

This question belongs to: Maths Simple Interest