The rate at which Rs. 1143000 amounts to Rs. 1485900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 1143000 amounts to Rs. 1485900 in 3 years is
A. 12%
B. 10%
C. 8%
D. 9%
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 342900. R = (342900 × 100)/(1143000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 1233000 amounts to Rs. 1602900 in 3 years is
A. 9%
B. 12%
C. 10%
D. 8%

Correct Answer: Option C


Explanation:
SI = 369900. R = (369900 × 100)/(1233000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Rate for Rs. 112000 to Rs. 145600 in 4 years SI
A. 6%
B. 9%
C. 7.5%
D. 8%

Correct Answer: Option C


Explanation:
SI = 33600. R = (33600 * 100)/(112000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 11217600 interest in 8 years at 36% SI is
A. Rs. 3886500
B. Rs. 3888500
C. Rs. 3885500
D. Rs. 3887500

Correct Answer: Option D


Explanation:
P = (11217600 × 100)/(36 × 8) = 3887500.

This question belongs to: Maths Simple Interest