The rate at which Rs. 2673000 amounts to Rs. 3474900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 2673000 amounts to Rs. 3474900 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 802000 approx adjusted 10%.

This question belongs to: Maths Simple Interest

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Question #1

Rate when Rs. 427000 amounts to Rs. 555100 in 3 years

A. 9%

B. 10%

C. 8%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 128100. R = (128100 * 100)/(427000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1620000 amounts to Rs. 2268000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 648000. R = (648000 × 100)/(1620000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 4005000 amounts to Rs. 5607000 in 4 years at simple interest. The rate is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1602000. R = (1602000 × 100)/(4005000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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