The rate at which Rs. 252000 amounts to Rs. 327600 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 252000 amounts to Rs. 327600 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 75600. R = (75600 × 100)/(252000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

SI on Rs. 129500 for 4 years at 5%

A. Rs. 25900

B. Rs. 26300

C. Rs. 26100

D. Rs. 25700

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Correct Answer: Option A

Explanation:
SI = (129500 * 5 * 4)/100 = 25900.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 684000 for 3 years at 22% per annum is

A. Rs. 451640

B. Rs. 451240

C. Rs. 451440

D. Rs. 451840

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Correct Answer: Option C

Explanation:
SI = (684000 × 22 × 3)/100 = 451440.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 3195000 amounts to Rs. 4473000 in 4 years at simple interest. The rate is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1278000. R = (1278000 × 100)/(3195000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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