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

Question

Share Report Error

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

A. 10%

B. 9%

C. 8%

D. 12%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 383400. R = (383400 × 100)/(1278000 × 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

The rate at which Rs. 42000 amounts to Rs. 54600 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 12600. R = (12600 × 100)/(42000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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

A. 6 years

B. 7 years

C. 5 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

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

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 277200 interest in 7 years at 9% SI is

A. Rs. 440000

B. Rs. 441000

C. Rs. 438000

D. Rs. 439000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs