The rate at which Rs. 3663000 amounts to Rs. 4761900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3663000 amounts to Rs. 4761900 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1098900. R = (1098900 × 100)/(3663000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 9709200 interest in 9 years at 27% SI is

A. Rs. 3998000

B. Rs. 3999000

C. Rs. 4001000

D. Rs. 4000000

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Correct Answer: Option D

Explanation:
P = (9709200 × 100)/(27 × 9) = 4000000.

This question belongs to: Maths Simple Interest

Question #2

Principal giving Rs. 15750 SI in 5 years at 7%

A. Rs. 45000

B. Rs. 43000

C. Rs. 44000

D. Rs. 46000

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Correct Answer: Option A

Explanation:
P = (15750 * 100)/(7 * 5) = 45000.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 38500 for 5 years at 8%

A. Rs. 15600

B. Rs. 15400

C. Rs. 15800

D. Rs. 15200

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Correct Answer: Option B

Explanation:
SI = (38500 * 8 * 5)/100 = 15400.

This question belongs to: Maths Simple Interest

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