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. 8%

B. 9%

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

A sum of Rs. 4500000 amounts to Rs. 6300000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 1800000. R = (1800000 × 100)/(4500000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 441000 for 2 years at 18% per annum is

A. Rs. 158560

B. Rs. 159160

C. Rs. 158960

D. Rs. 158760

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Correct Answer: Option D

Explanation:
SI = (441000 × 18 × 2)/100 = 158760.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1665000 amounts to Rs. 2331000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 666000. R = (666000 × 100)/(1665000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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