The rate at which Rs. 1503000 amounts to Rs. 1953900 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 1503000 amounts to Rs. 1953900 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 450900. R = (450900 × 100)/(1503000 × 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

A sum of Rs. 2205000 amounts to Rs. 3087000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 882000. R = (882000 × 100)/(2205000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 252000 amounts to Rs. 352800 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 100800. R = (100800 × 100)/(252000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3762000 for 2 years at 91% per annum is

A. Rs. 6847240

B. Rs. 6847040

C. Rs. 6846640

D. Rs. 6846840

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (3762000 × 91 × 2)/100 = 6846840.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs