The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10% MCQ with Answer and Explanation

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The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10%

A. 9%

B. 8%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 396900. R = (396900 × 100)/(1323000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum amounts to Rs. 163680 in 5 years at 9% SI. Principal

A. Rs. 110000

B. Rs. 112000

C. Rs. 113000

D. Rs. 111000

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Correct Answer: Option B

Explanation:
SI = 51680. P = 163680 - 51680 = 112000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 900000 for 3 years at 28% per annum is

A. Rs. 756200

B. Rs. 756000

C. Rs. 755800

D. Rs. 756400

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Correct Answer: Option B

Explanation:
SI = (900000 × 28 × 3)/100 = 756000.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 42000 to Rs. 54600 in 3 years SI

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

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

This question belongs to: Maths Simple Interest

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