The rate at which Rs. 3933000 amounts to Rs. 5112900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 3933000 amounts to Rs. 5112900 in 3 years is
A. 10%
B. 12%
C. 9%
D. 8%
Answer: Option A
Solution (By JKSSB Mock Tests)
SI = 1179900. R = (1179900 × 100)/(3933000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 432000 amounts to Rs. 561600 in 3 years is
A. 8%
B. 12%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 129600. R = (129600 × 100)/(432000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
The principal that gives Rs. 932400 interest in 8 years at 13% SI is
A. Rs. 899000
B. Rs. 898000
C. Rs. 901000
D. Rs. 900000

Correct Answer: Option D


Explanation:
P = (932400 × 100)/(13 × 8) = 900000.

This question belongs to: Maths Simple Interest
Question #3
At what rate percent per annum will a sum of Rs. 7500 amount to Rs. 9000 in 4 years?
A. 5%
B. 4%
C. 6%
D. 8%

Correct Answer: Option A


Explanation:
SI = 1500. R = (1500 × 100)/(7500 × 4) = 5%.

This question belongs to: Maths Simple Interest