The rate at which Rs. 432000 amounts to Rs. 561600 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 432000 amounts to Rs. 561600 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

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

This question belongs to: Maths Simple Interest

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Question #1

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A sum of Rs. 3465000 amounts to Rs. 4851000 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 = 1386000. R = (1386000 × 100)/(3465000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 1719000 for 3 years at 43% per annum is

A. Rs. 2218410

B. Rs. 2218210

C. Rs. 2218810

D. Rs. 2218610

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Correct Answer: Option A

Explanation:
SI = (1719000 × 43 × 3)/100 = 2218410.

This question belongs to: Maths Simple Interest

Question #3

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The principal that gives Rs. 226800 interest in 9 years at 8% SI is

A. Rs. 314000

B. Rs. 316000

C. Rs. 315000

D. Rs. 313000

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Correct Answer: Option C

Explanation:
P = (226800 × 100)/(8 × 9) = 315000.

This question belongs to: Maths Simple Interest

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