The rate at which Rs. 342000 amounts to Rs. 444600 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 342000 amounts to Rs. 444600 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 102600. R = (102600 × 100)/(342000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 288000 amounts to Rs. 374400 in 3 years is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 86400. R = (86400 × 100)/(288000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 2826000 amount to Rs. 3956400 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 = 1130400. T = (1130400 × 100)/(2826000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2502000 for 2 years at 63% per annum is

A. Rs. 3152520

B. Rs. 3152320

C. Rs. 3152720

D. Rs. 3152920

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Correct Answer: Option A

Explanation:
SI = (2502000 × 63 × 2)/100 = 3152520.

This question belongs to: Maths Simple Interest

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