The rate at which Rs. 360000 amounts to Rs. 468000 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 360000 amounts to Rs. 468000 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 108000. R = (108000 × 100)/(360000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2367000 for 2 years at 60% per annum is

A. Rs. 2840600

B. Rs. 2840400

C. Rs. 2840800

D. Rs. 2840200

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Correct Answer: Option B

Explanation:
SI = (2367000 × 60 × 2)/100 = 2840400.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 414000 amounts to Rs. 538200 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 124200. R = (124200 × 100)/(414000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 217000 to Rs. 282100 in 3 years SI

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 65100. R = (65100 * 100)/(217000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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