Rate when Rs. 455000 amounts to Rs. 591500 in 3 years MCQ with Answer and Explanation

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Rate when Rs. 455000 amounts to Rs. 591500 in 3 years

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 136500. R = (136500 * 100)/(455000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 2358000 amounts to Rs. 3065400 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 707400. R = (707400 × 100)/(2358000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1062000 for 2 years at 31% per annum is

A. Rs. 658640

B. Rs. 658440

C. Rs. 658240

D. Rs. 658840

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Correct Answer: Option B

Explanation:
SI = (1062000 × 31 × 2)/100 = 658440.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1044900. R = (1044900 × 100)/(3483000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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