The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 963900. R = (963900 × 100)/(3213000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

The principal that gives Rs. 1134000 interest in 9 years at 12% SI is

A. Rs. 1048000

B. Rs. 1051000

C. Rs. 1050000

D. Rs. 1049000

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Correct Answer: Option C

Explanation:
P = (1134000 × 100)/(12 × 9) = 1050000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 252000 for 4 years at 6% per annum is

A. Rs. 60680

B. Rs. 60880

C. Rs. 60280

D. Rs. 60480

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Correct Answer: Option D

Explanation:
SI = (252000 × 6 × 4)/100 = 60480.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 52500 for 3 years at 10%

A. Rs. 16150

B. Rs. 15750

C. Rs. 15550

D. Rs. 15950

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Correct Answer: Option B

Explanation:
SI = (52500 * 10 * 3)/100 = 15750.

This question belongs to: Maths Simple Interest

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