The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 585900. R = (585900 × 100)/(1953000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 504000 for 3 years at 17% per annum is

A. Rs. 257240

B. Rs. 257040

C. Rs. 256840

D. Rs. 257440

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Correct Answer: Option B

Explanation:
SI = (504000 × 17 × 3)/100 = 257040.

This question belongs to: Maths Simple Interest

Question #2

The principal giving Rs. 151200 SI in 9 years at 8%

A. Rs. 211000

B. Rs. 209000

C. Rs. 210000

D. Rs. 208000

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Correct Answer: Option C

Explanation:
P = (151200 * 100)/(8 * 9) = 210000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 13500000 interest in 8 years at 40% SI is

A. Rs. 4218750

B. Rs. 4216750

C. Rs. 4217750

D. Rs. 4219750

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Correct Answer: Option A

Explanation:
P = (13500000 × 100)/(40 × 8) = 4218750.

This question belongs to: Maths Simple Interest

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