The rate at which Rs. 3618000 amounts to Rs. 4703400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3618000 amounts to Rs. 4703400 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1085400. R = (1085400 × 100)/(3618000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 558900. R = (558900 × 100)/(1863000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 21000 interest in 7 years at 6% SI is

A. Rs. 51000

B. Rs. 50000

C. Rs. 49000

D. Rs. 48000

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Correct Answer: Option B

Explanation:
P = (21000 × 100)/(6 × 7) = 50000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 277200 interest in 7 years at 9% SI is

A. Rs. 439000

B. Rs. 438000

C. Rs. 440000

D. Rs. 441000

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Correct Answer: Option C

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.

This question belongs to: Maths Simple Interest

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