The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 990900. R = (990900 × 100)/(3303000 × 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. 75600 interest in 6 years at 7% SI is

A. Rs. 178000

B. Rs. 179000

C. Rs. 180000

D. Rs. 181000

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Correct Answer: Option C

Explanation:
P = (75600 × 100)/(7 × 6) = 180000.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 11217600 interest in 8 years at 36% SI is

A. Rs. 3887500

B. Rs. 3885500

C. Rs. 3888500

D. Rs. 3886500

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Correct Answer: Option A

Explanation:
P = (11217600 × 100)/(36 × 8) = 3887500.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 2646000 interest in 8 years at 17% SI is

A. Rs. 1942500

B. Rs. 1943500

C. Rs. 1941500

D. Rs. 1940500

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Correct Answer: Option A

Explanation:
P = (2646000 × 100)/(17 × 8) = 1942500.

This question belongs to: Maths Simple Interest

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