The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is MCQ with Answer and Explanation

Question

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The rate at which Rs. 126000 amounts to Rs. 163800 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 37800. R = (37800 × 100)/(126000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3510000 amounts to Rs. 4914000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1404000. R = (1404000 × 100)/(3510000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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The principal that gives Rs. 11217600 interest in 8 years at 36% SI is

A. Rs. 3885500

B. Rs. 3888500

C. Rs. 3886500

D. Rs. 3887500

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Correct Answer: Option D

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

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 932400 interest in 8 years at 13% SI is

A. Rs. 899000

B. Rs. 898000

C. Rs. 901000

D. Rs. 900000

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Correct Answer: Option D

Explanation:
P = (932400 × 100)/(13 × 8) = 900000.

This question belongs to: Maths Simple Interest

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