The rate at which Rs. 1413000 amounts to Rs. 1836900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1413000 amounts to Rs. 1836900 in 3 years is

A. 10%

B. 9%

C. 8%

D. 12%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 423900. R = (423900 × 100)/(1413000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The sum giving Rs. 25200 SI in 7 years at 8%

A. Rs. 44000

B. Rs. 43000

C. Rs. 46000

D. Rs. 45000

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Correct Answer: Option D

Explanation:
P = (25200 * 100)/(8 * 7) = 45000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3924000 for 3 years at 92% per annum is

A. Rs. 10834240

B. Rs. 10833840

C. Rs. 10833640

D. Rs. 10834040

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Correct Answer: Option B

Explanation:
SI = (3924000 × 92 × 3)/100 = 10833840.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 7516800 interest in 9 years at 24% SI is

A. Rs. 3479000

B. Rs. 3481000

C. Rs. 3480000

D. Rs. 3478000

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Correct Answer: Option C

Explanation:
P = (7516800 × 100)/(24 × 9) = 3480000.

This question belongs to: Maths Simple Interest

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