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

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The rate at which Rs. 4158000 amounts to Rs. 5405400 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1247400. R = (1247400 × 100)/(4158000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1287000 for 2 years at 36% per annum is

A. Rs. 926440

B. Rs. 926640

C. Rs. 926840

D. Rs. 927040

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Correct Answer: Option B

Explanation:
SI = (1287000 × 36 × 2)/100 = 926640.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2124000 for 3 years at 52% per annum is

A. Rs. 3313440

B. Rs. 3313240

C. Rs. 3313640

D. Rs. 3313840

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Correct Answer: Option A

Explanation:
SI = (2124000 × 52 × 3)/100 = 3313440.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 2259000 for 3 years at 55% per annum is

A. Rs. 3727750

B. Rs. 3727150

C. Rs. 3727550

D. Rs. 3727350

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Correct Answer: Option D

Explanation:
SI = (2259000 × 55 × 3)/100 = 3727350.

This question belongs to: Maths Simple Interest

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