The rate at which Rs. 180000 amounts to Rs. 234000 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 180000 amounts to Rs. 234000 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 54000. R = (54000 × 100)/(180000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3663000 amounts to Rs. 4761900 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1098900. R = (1098900 × 100)/(3663000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 5644800 interest in 9 years at 22% SI is

A. Rs. 2848000

B. Rs. 2849000

C. Rs. 2846000

D. Rs. 2847000

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Correct Answer: Option A

Explanation:
P = (5644800 × 100)/(22 × 9) = 2848000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 6980400 interest in 9 years at 23% SI is

A. Rs. 3359000

B. Rs. 3361000

C. Rs. 3358000

D. Rs. 3360000

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Correct Answer: Option D

Explanation:
P = (6980400 × 100)/(23 × 9) = 3360000.

This question belongs to: Maths Simple Interest

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