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

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The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 828900. R = (828900 × 100)/(2763000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The sum giving Rs. 25200 SI in 7 years at 8%

A. Rs. 44000

B. Rs. 46000

C. Rs. 45000

D. Rs. 43000

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Correct Answer: Option C

Explanation:
P = (25200 * 100)/(8 * 7) = 45000.

This question belongs to: Maths Simple Interest

Question #2

Years for Rs. 462000 at 14% to give Rs. 388080 interest

A. 6 years

B. 5 years

C. 7 years

D. 4 years

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Correct Answer: Option A

Explanation:
T = (388080 * 100)/(462000 * 14) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

Principal for Rs. 537600 interest in 7 years at 12%

A. Rs. 641000

B. Rs. 638000

C. Rs. 639000

D. Rs. 640000

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Correct Answer: Option D

Explanation:
P = (537600 * 100)/(12 * 7) = 640000.

This question belongs to: Maths Simple Interest

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