The rate at which Rs. 378000 amounts to Rs. 491400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 378000 amounts to Rs. 491400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 113400. R = (113400 × 100)/(378000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 990900. R = (990900 × 100)/(3303000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 972000 for 3 years at 30% per annum is

A. Rs. 874800

B. Rs. 875200

C. Rs. 874600

D. Rs. 875000

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Correct Answer: Option A

Explanation:
SI = (972000 × 30 × 3)/100 = 874800.

This question belongs to: Maths Simple Interest

Question #3

SI on Rs. 241500 for 2 years at 19%

A. Rs. 91970

B. Rs. 91570

C. Rs. 92170

D. Rs. 91770

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Correct Answer: Option D

Explanation:
SI = (241500 * 19 * 2)/100 = 91770.

This question belongs to: Maths Simple Interest

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