Rate when Rs. 25000 amounts to Rs. 32500 in 3 years SI MCQ with Answer and Explanation

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Rate when Rs. 25000 amounts to Rs. 32500 in 3 years SI

A. 12%

B. 8%

C. 9%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 7500. R = (7500 * 100)/(25000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 15000 for 5 years at 8% is

A. Rs. 6200

B. Rs. 6400

C. Rs. 5800

D. Rs. 6000

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Correct Answer: Option D

Explanation:
SI = (15000 × 8 × 5)/100 = 6000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Years for Rs. 27000 at 6% to give Rs. 9720 interest

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option B

Explanation:
T = (9720 * 100)/(27000 * 6) = 6 years.

This question belongs to: Maths Simple Interest

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