The rate at which Rs. 1908000 amounts to Rs. 2480400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1908000 amounts to Rs. 2480400 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 572400. R = (572400 × 100)/(1908000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 16500 for 4 years at 10%

A. Rs. 6600

B. Rs. 6400

C. Rs. 6800

D. Rs. 7000

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Correct Answer: Option A

Explanation:
SI = (16500 * 10 * 4)/100 = 6600.

This question belongs to: Maths Simple Interest

Question #2

Rate when Rs. 175000 amounts to Rs. 227500 in 3 years

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 52500. R = (52500 * 100)/(175000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 16800 interest in 4 years at 7% SI is

A. Rs. 60000

B. Rs. 59000

C. Rs. 58000

D. Rs. 61000

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Correct Answer: Option A

Explanation:
P = (16800 × 100)/(7 × 4) = 60000.

This question belongs to: Maths Simple Interest

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