The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1278000 amounts to Rs. 1661400 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 383400. R = (383400 × 100)/(1278000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 2403000 amounts to Rs. 3123900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 720900. R = (720900 × 100)/(2403000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 9000 amounts to Rs. 10800 in 4 years at simple interest. Rate of interest is

A. 8%

B. 4%

C. 6%

D. 5%

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Correct Answer: Option D

Explanation:
SI = 1800. R = (1800 × 100)/(9000 × 4) = 5%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 252000 amounts to Rs. 352800 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 100800. R = (100800 × 100)/(252000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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