The rate at which Rs. 3978000 amounts to Rs. 5171400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3978000 amounts to Rs. 5171400 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1193400. R = (1193400 × 100)/(3978000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

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Correct Answer: Option C

Explanation:
SI = 140400. R = (140400 × 100)/(468000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 1747200 interest in 8 years at 16% SI is

A. Rs. 1366000

B. Rs. 1365000

C. Rs. 1363000

D. Rs. 1364000

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Correct Answer: Option B

Explanation:
P = (1747200 × 100)/(16 × 8) = 1365000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 2673000 amounts to Rs. 3474900 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

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Correct Answer: Option B

Explanation:
SI = 802000 approx adjusted 10%.

This question belongs to: Maths Simple Interest

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