The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 4311000 amount to Rs. 6035400 at 8% simple interest?

A. 5 years

B. 6 years

C. 4 years

D. 7 years

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Correct Answer: Option A

Explanation:
SI = 1724400. T = (1724400 × 100)/(4311000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 108000 for 4 years at 6% per annum is

A. Rs. 26320

B. Rs. 25920

C. Rs. 25720

D. Rs. 26120

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Correct Answer: Option B

Explanation:
SI = (108000 × 6 × 4)/100 = 25920.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1143000 amounts to Rs. 1485900 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 342900. R = (342900 × 100)/(1143000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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