The rate at which Rs. 1683000 amounts to Rs. 2187900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1683000 amounts to Rs. 2187900 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 504900. R = (504900 × 100)/(1683000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 4001000

B. Rs. 3998000

C. Rs. 3999000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 1940400 interest in 8 years at 16% SI is

A. Rs. 1515000

B. Rs. 1513000

C. Rs. 1516000

D. Rs. 1514000

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Correct Answer: Option A

Explanation:
P = (1940400 × 100)/(16 × 8) = 1515000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1044900. R = (1044900 × 100)/(3483000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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