The rate at which Rs. 3393000 amounts to Rs. 4410900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3393000 amounts to Rs. 4410900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 1017900. R = (1017900 × 100)/(3393000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 3141000 amount to Rs. 4397400 at 8% simple interest?

A. 5 years

B. 7 years

C. 6 years

D. 4 years

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Correct Answer: Option A

Explanation:
SI = 1256400. T = (1256400 × 100)/(3141000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

Years for Rs. 119000 at 6% to give Rs. 42840 interest

A. 5 years

B. 4 years

C. 6 years

D. 7 years

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Correct Answer: Option C

Explanation:
T = (42840 * 100)/(119000 * 6) = 6 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 3384000 for 3 years at 80% per annum is

A. Rs. 8122000

B. Rs. 8121600

C. Rs. 8121400

D. Rs. 8121800

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Correct Answer: Option B

Explanation:
SI = (3384000 × 80 × 3)/100 = 8121600.

This question belongs to: Maths Simple Interest

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