Rate when Rs. 259000 amounts to Rs. 336700 in 3 years MCQ with Answer and Explanation

Rate when Rs. 259000 amounts to Rs. 336700 in 3 years
A. 10%
B. 8%
C. 9%
D. 12%
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

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Practice More Simple Interest Questions

Question #1
Simple interest on Rs. 2844000 for 3 years at 68% per annum is
A. Rs. 5801760
B. Rs. 5801560
C. Rs. 5801960
D. Rs. 5802160

Correct Answer: Option A


Explanation:
SI = (2844000 × 68 × 3)/100 = 5801760.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 136500 for 3 years at 11%
A. Rs. 45245
B. Rs. 44845
C. Rs. 45445
D. Rs. 45045

Correct Answer: Option D


Explanation:
SI = (136500 * 11 * 3)/100 = 45045.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 2988000 amounts to Rs. 3884400 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%

Correct Answer: Option D


Explanation:
SI = 896400. R = (896400 × 100)/(2988000 × 3) = 10%.

This question belongs to: Maths Simple Interest