The rate at which Rs. 1593000 amounts to Rs. 2070900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1593000 amounts to Rs. 2070900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 477900. R = (477900 × 100)/(1593000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 378000 amounts to Rs. 491400 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 113400. R = (113400 × 100)/(378000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 909000 for 3 years at 25% per annum is

A. Rs. 682150

B. Rs. 681950

C. Rs. 681750

D. Rs. 681550

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Correct Answer: Option C

Explanation:
SI = (909000 × 25 × 3)/100 = 681750.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3789000 for 3 years at 89% per annum is

A. Rs. 10109930

B. Rs. 10110130

C. Rs. 10109530

D. Rs. 10109730

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Correct Answer: Option D

Explanation:
SI = (3789000 × 89 × 3)/100 = 10109730.

This question belongs to: Maths Simple Interest

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