The rate at which Rs. 2898000 amounts to Rs. 3767400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 2898000 amounts to Rs. 3767400 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 869400. R = (869400 × 100)/(2898000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 217000 to Rs. 282100 in 3 years SI

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 65100. R = (65100 * 100)/(217000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Time in years for Rs. 24000 at 7% to amount Rs. 31080

A. 6 years

B. 5 years

C. 4 years

D. 3 years

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Correct Answer: Option C

Explanation:
SI = 7080. T = (7080 * 100)/(24000 * 7) = 4 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 288000 for 3 years at 11% per annum is

A. Rs. 95040

B. Rs. 95440

C. Rs. 94840

D. Rs. 95240

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Correct Answer: Option A

Explanation:
SI = (288000 × 11 × 3)/100 = 95040.

This question belongs to: Maths Simple Interest

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