The rate at which Rs. 1053000 amounts to Rs. 1368900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1053000 amounts to Rs. 1368900 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 315900. R = (315900 × 100)/(1053000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 1593000 amounts to Rs. 2070900 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 477900. R = (477900 × 100)/(1593000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 273000 to Rs. 354900 in 3 years SI

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 81900. R = (81900 * 100)/(273000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 405000 amounts to Rs. 567000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 162000. R = (162000 × 100)/(405000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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