The rate at which Rs. 28000 amounts to Rs. 39200 in 4 years is MCQ with Answer and Explanation

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The rate at which Rs. 28000 amounts to Rs. 39200 in 4 years is

A. 9%

B. 8%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 11200. R = (11200 × 100)/(28000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1692000 for 2 years at 45% per annum is

A. Rs. 1522800

B. Rs. 1523200

C. Rs. 1522600

D. Rs. 1523000

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Correct Answer: Option A

Explanation:
SI = (1692000 × 45 × 2)/100 = 1522800.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 4068000 amounts to Rs. 5288400 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 1220400. R = (1220400 × 100)/(4068000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 302400 interest in 8 years at 9% SI is

A. Rs. 421000

B. Rs. 419000

C. Rs. 420000

D. Rs. 418000

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Correct Answer: Option C

Explanation:
P = (302400 × 100)/(9 × 8) = 420000.

This question belongs to: Maths Simple Interest

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