The rate at which Rs. 162000 amounts to Rs. 210600 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 162000 amounts to Rs. 210600 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 48600. R = (48600 × 100)/(162000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2124000 for 3 years at 52% per annum is

A. Rs. 3313240

B. Rs. 3313440

C. Rs. 3313840

D. Rs. 3313640

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Correct Answer: Option B

Explanation:
SI = (2124000 × 52 × 3)/100 = 3313440.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4203000 amounts to Rs. 5463900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 1260900. R = (1260900 × 100)/(4203000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 396000 for 3 years at 14% per annum is

A. Rs. 166520

B. Rs. 166720

C. Rs. 166120

D. Rs. 166320

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Correct Answer: Option D

Explanation:
SI = (396000 × 14 × 3)/100 = 166320.

This question belongs to: Maths Simple Interest

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