The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 491400. R = (491400 × 100)/(1638000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 828000 amounts to Rs. 1076400 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 248400. R = (248400 × 100)/(828000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 108000 for 3 years at 8% per annum is

A. Rs. 25920

B. Rs. 26320

C. Rs. 25720

D. Rs. 26120

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Correct Answer: Option A

Explanation:
SI = (108000 × 8 × 3)/100 = 25920.

This question belongs to: Maths Simple Interest

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