The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 558900. R = (558900 × 100)/(1863000 × 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

The principal that gives Rs. 252000 interest in 7 years at 10% SI is

A. Rs. 358000

B. Rs. 359000

C. Rs. 361000

D. Rs. 360000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (252000 × 100)/(10 × 7) = 360000.

This question belongs to: Maths Simple Interest

Question #2

Time for Rs. 45000 at 8% to amount Rs. 63000

A. 6 years

B. 4 years

C. 7 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 18000. T = (18000 * 100)/(45000 * 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 900000 for 3 years at 28% per annum is

A. Rs. 756000

B. Rs. 756200

C. Rs. 755800

D. Rs. 756400

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (900000 × 28 × 3)/100 = 756000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs