The rate at which Rs. 4113000 amounts to Rs. 5346900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4113000 amounts to Rs. 5346900 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 1233900. R = (1233900 × 100)/(4113000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 24000 amount to Rs. 33600 at 10% simple interest?

A. 5 years

B. 6 years

C. 3 years

D. 4 years

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Correct Answer: Option D

Explanation:
SI = 9600. T = (9600 × 100)/(24000 × 10) = 4 years.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 1485000 amounts to Rs. 2079000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 594000. R = (594000 × 100)/(1485000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 108000 amounts to Rs. 151200 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 43200. R = (43200 × 100)/(108000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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