The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is
A. 10%
B. 9%
C. 12%
D. 8%
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = 828900. R = (828900 × 100)/(2763000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
SI on Rs. 36400 for 3 years at 11%
A. Rs. 12412
B. Rs. 11812
C. Rs. 12012
D. Rs. 12212

Correct Answer: Option C


Explanation:
SI = (36400 * 11 * 3)/100 = 12012.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 31500 interest in 5 years at 9% SI is
A. Rs. 69000
B. Rs. 70000
C. Rs. 71000
D. Rs. 68000

Correct Answer: Option B


Explanation:
P = (31500 × 100)/(9 × 5) = 70000.

This question belongs to: Maths Simple Interest
Question #3
Simple interest on Rs. 178500 for 4 years at 10%
A. Rs. 71600
B. Rs. 71400
C. Rs. 71200
D. Rs. 71800

Correct Answer: Option B


Explanation:
SI = (178500 * 10 * 4)/100 = 71400.

This question belongs to: Maths Simple Interest