The rate at which Rs. 333000 amounts to Rs. 432900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 333000 amounts to Rs. 432900 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 99900. R = (99900 × 100)/(333000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 1602000 for 2 years at 43% per annum is

A. Rs. 1377520

B. Rs. 1378120

C. Rs. 1377720

D. Rs. 1377920

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Correct Answer: Option C

Explanation:
SI = (1602000 × 43 × 2)/100 = 1377720.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4392000 for 2 years at 103% per annum is

A. Rs. 9047720

B. Rs. 9047320

C. Rs. 9047920

D. Rs. 9047520

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Correct Answer: Option D

Explanation:
SI = (4392000 × 103 × 2)/100 = 9047520.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 477000 for 2 years at 18% per annum is

A. Rs. 171720

B. Rs. 172120

C. Rs. 171920

D. Rs. 171520

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Correct Answer: Option A

Explanation:
SI = (477000 × 18 × 2)/100 = 171720.

This question belongs to: Maths Simple Interest

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