The rate at which Rs. 1818000 amounts to Rs. 2363400 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 1818000 amounts to Rs. 2363400 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 545400. R = (545400 × 100)/(1818000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 52500 for 3 years at 10%

A. Rs. 15750

B. Rs. 16150

C. Rs. 15550

D. Rs. 15950

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (52500 * 10 * 3)/100 = 15750.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 81000 amount to Rs. 113400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 32400. T = (32400 × 100)/(81000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 2385000 amounts to Rs. 3339000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 10%

D. 8%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 954000. R = (954000 × 100)/(2385000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs