The rate at which Rs. 2043000 amounts to Rs. 2655900 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 2043000 amounts to Rs. 2655900 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 612900. R = (612900 × 100)/(2043000 × 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

A sum of Rs. 25000 amounts to Rs. 32500 in 3 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 = 7500. R = (7500 × 100)/(25000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Principal for Rs. 134400 interest in 8 years at 12%

A. Rs. 141000

B. Rs. 138000

C. Rs. 140000

D. Rs. 139000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (134400 * 100)/(12 * 8) = 140000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2682000 for 2 years at 67% per annum is

A. Rs. 3593880

B. Rs. 3594080

C. Rs. 3594280

D. Rs. 3593680

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (2682000 × 67 × 2)/100 = 3593880.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs