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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Question #1

Simple interest on Rs. 90000 for 3 years at 7% per annum is

A. Rs. 18700

B. Rs. 19100

C. Rs. 18900

D. Rs. 19300

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Correct Answer: Option C

Explanation:
SI = (90000 × 7 × 3)/100 = 18900.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2835000 amounts to Rs. 3969000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 1134000. R = (1134000 × 100)/(2835000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 828900. R = (828900 × 100)/(2763000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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