The rate at which Rs. 1368000 amounts to Rs. 1778400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1368000 amounts to Rs. 1778400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 410400. R = (410400 × 100)/(1368000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 3998000

B. Rs. 4001000

C. Rs. 3999000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 72000 for 3 years at 10% per annum is

A. Rs. 21600

B. Rs. 21400

C. Rs. 22000

D. Rs. 21800

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Correct Answer: Option A

Explanation:
SI = (72000 × 10 × 3)/100 = 21600.

This question belongs to: Maths Simple Interest

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