The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 464400. R = (464400 × 100)/(1548000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 3969000 for 3 years at 93% per annum is

A. Rs. 11076390

B. Rs. 11076790

C. Rs. 11076590

D. Rs. 11076190

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Correct Answer: Option A

Explanation:
SI = (3969000 × 93 × 3)/100 = 11076390.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 2268000 amounts to Rs. 2948400 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 680400. R = (680400 × 100)/(2268000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1234800 interest in 9 years at 13% SI is

A. Rs. 1054000

B. Rs. 1057000

C. Rs. 1056000

D. Rs. 1055000

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Correct Answer: Option C

Explanation:
P = (1234800 × 100)/(13 × 9) = 1056000.

This question belongs to: Maths Simple Interest

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