The rate at which Rs. 3258000 amounts to Rs. 4235400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3258000 amounts to Rs. 4235400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 977400. R = (977400 × 100)/(3258000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Years for Rs. 378000 at 11% to give Rs. 249480 interest

A. 4 years

B. 7 years

C. 6 years

D. 5 years

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Correct Answer: Option C

Explanation:
T = (249480 * 100)/(378000 * 11) = 6 years.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 10454400 interest in 9 years at 29% SI is

A. Rs. 3999000

B. Rs. 3998000

C. Rs. 4001000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (10454400 × 100)/(29 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #3

Time for Rs. 252000 at 9% to amount Rs. 352800

A. 4 years

B. 7 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 100800. T = (100800 * 100)/(252000 * 9) = 5 years.

This question belongs to: Maths Simple Interest

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