The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1044900. R = (1044900 × 100)/(3483000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

Share Report

The rate at which Rs. 1323000 amounts to Rs. 1720000 approx in 3 years is adjusted to exact 10%

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 396900. R = (396900 × 100)/(1323000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Share Report

Simple interest on Rs. 792000 for 3 years at 25% per annum is

A. Rs. 593800

B. Rs. 594400

C. Rs. 594200

D. Rs. 594000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (792000 × 25 × 3)/100 = 594000.

This question belongs to: Maths Simple Interest

Question #3

Share Report

In how many years will Rs. 50000 amount to Rs. 70000 at 8% simple interest?

A. 7 years

B. 6 years

C. 5 years

D. 4 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 20000. T = (20000 × 100)/(50000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs