The rate at which Rs. 4158000 amounts to Rs. 5405400 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 4158000 amounts to Rs. 5405400 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = 1247400. R = (1247400 × 100)/(4158000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
The principal that gives Rs. 10936800 interest in 9 years at 30% SI is
A. Rs. 4041000
B. Rs. 4038000
C. Rs. 4040000
D. Rs. 4039000

Correct Answer: Option C


Explanation:
P = (10936800 × 100)/(30 × 9) = 4040000.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is
A. 10%
B. 9%
C. 12%
D. 8%

Correct Answer: Option A


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

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 10454400 interest in 9 years at 29% SI is
A. Rs. 4000000
B. Rs. 3998000
C. Rs. 3999000
D. Rs. 4001000

Correct Answer: Option A


Explanation:
P = (10454400 × 100)/(29 × 9) = 4000000.

This question belongs to: Maths Simple Interest