The rate at which Rs. 105000 amounts to Rs. 136500 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 105000 amounts to Rs. 136500 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 31500. R = (31500 × 100)/(105000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 4509000 for 3 years at 105% per annum is

A. Rs. 14203550

B. Rs. 14203350

C. Rs. 14203750

D. Rs. 14203150

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (4509000 × 105 × 3)/100 = 14203350.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 8323200 interest in 8 years at 31% SI is

A. Rs. 3348000

B. Rs. 3351000

C. Rs. 3350000

D. Rs. 3349000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (8323200 × 100)/(31 × 8) = 3350000.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 495000 amount to Rs. 693000 at 8% simple interest?

A. 5 years

B. 4 years

C. 7 years

D. 6 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 198000. T = (198000 × 100)/(495000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs