The rate at which Rs. 1773000 amounts to Rs. 2304900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1773000 amounts to Rs. 2304900 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 531900. R = (531900 × 100)/(1773000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3708000 amounts to Rs. 4820400 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 1112400. R = (1112400 × 100)/(3708000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 693000 amounts to Rs. 900900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 207900. R = (207900 × 100)/(693000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 369000 for 2 years at 16% per annum is

A. Rs. 117880

B. Rs. 118480

C. Rs. 118280

D. Rs. 118080

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Correct Answer: Option D

Explanation:
SI = (369000 × 16 × 2)/100 = 118080.

This question belongs to: Maths Simple Interest

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